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.
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.
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.
Edenred's score of 81 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Edenred reported total carbon emissions of approximately 122,140,000 kg CO2e, comprising 6,737,000 kg CO2e from Scope 1, 1,560,000 kg CO2e from Scope 2, and a significant 102,079,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint across all scopes, with a notable focus on Scope 3, which represents the majority of its emissions. Edenred has set ambitious climate targets, committing to achieve net-zero greenhouse gas emissions across its value chain by 2050. The company aims to reduce absolute Scope 1 and 2 emissions by 51.4% by 2030, using 2019 as the baseline year. Additionally, it plans to cut 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 by 2050. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Edenred's proactive approach to climate commitments underscores its dedication to sustainability and responsible business practices in the software and services sector.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 6,228,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 3,868,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 00,000,000 | - | - | 000,000,000 | 000,000,000 |
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 participating in some of the initiatives that 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.