Edenred
Edenred, a global leader in digital payment solutions, is headquartered in France and operates extensively across Europe, Latin America, and Asia. Founded in 1962, the company has evolved significantly, marking key milestones such as its IPO in 2010 and the acquisition of various fintech firms to enhance its service offerings. Specialising in employee benefits, expense management, and incentive solutions, Edenred's core products include meal vouchers, gift cards, and mobility solutions. What sets Edenred apart is its innovative digital platforms that streamline transactions and enhance user experience. With a strong market position, Edenred serves millions of users and partners with thousands of businesses, solidifying its reputation as a trusted provider in the employee benefits and corporate services industry.
DitchCarbon Score
How does Edenred's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Edenred's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Edenred's reported carbon emissions
In 2023, Edenred reported total greenhouse gas emissions of approximately 101,443,000 kg CO2e, with emissions distributed across various scopes: 6,252,000 kg CO2e (Scope 1), 1,560,000 kg CO2e (Scope 2), and 93,631,000 kg CO2e (Scope 3). This represents a significant commitment to addressing climate change, as the company has set ambitious reduction targets. Edenred aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. In the near term, the company has committed to reducing absolute Scope 1 and 2 emissions by 51.4% by 2030, using 2019 as the baseline year. Additionally, it plans to reduce Scope 3 emissions by 55% per million EUR value added within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions per million EUR value added by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Edenred's commitment to sustainable practices and climate responsibility. The company is actively working towards these goals, demonstrating its dedication to reducing its carbon footprint and contributing to global climate efforts.
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| 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,560,000 | - | 0,000,000 | 0,000,000 |
| Scope 2 | 3,242,000 | - | 0,000,000 | 0,000,000 |
| Scope 3 | 97,647,000 | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Edenred is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
