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 90 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Edenred reported total carbon emissions of approximately 122,140,000 kg CO2e, with emissions distributed across various scopes: 6,649,000 kg CO2e (Scope 1), 1,449,000 kg CO2e (Scope 2), and a significant 114,041,000 kg CO2e (Scope 3). This marks an increase from 2023, when total emissions were about 110,382,000 kg CO2e, indicating a need for enhanced climate action. Edenred has set ambitious reduction targets, committing to a 51.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, they aim for a 90% reduction in these emissions by 2050. For Scope 3 emissions, the company targets a 55% reduction per million EUR value added by 2030 and a 97% reduction by 2050. Edenred's long-term commitment includes achieving net-zero greenhouse gas emissions across its value chain by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices within the software and services sector. The company’s efforts are crucial in addressing climate change and reducing its overall carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
