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 83 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edenred's reported carbon emissions
In 2024, Edenred reported total carbon emissions of approximately 122,140,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 114,041,000 kg CO2e. The breakdown of emissions includes Scope 1 emissions of about 6,649,000 kg CO2e and Scope 2 emissions of approximately 1,449,000 kg CO2e. In 2023, the total emissions were about 110,382,000 kg CO2e, indicating a slight increase in emissions year-on-year. Edenred has set ambitious climate commitments, aiming for a 51.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, the company targets a 55% reduction in Scope 3 emissions per million EUR value added within the same timeframe. Long-term goals include achieving net-zero emissions across the value chain by 2050, with a 90% reduction in absolute Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by the same year. Edenred's reduction initiatives are aligned with the Science Based Targets initiative (SBTi), which confirms that their targets are consistent with the reductions required to limit global warming to 1.5°C. The company has made significant strides in reducing emissions intensity, achieving a 26% reduction by 2022 compared to 2013 levels, with a further target of 52% reduction by 2030. Overall, Edenred's commitment to sustainability and climate action reflects a proactive approach to managing its carbon footprint, with a clear roadmap towards significant emissions reductions in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 6,228,000 | 0,000,000 | 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 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 0,000,000 | 0,000,000 | - | 000,000,000 | 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 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.
