Public Profile

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.

57

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.

26

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.

99%

Edenred's reported carbon emissions

In 2023, Edenred reported total carbon emissions of approximately 101,443,000 kg CO2e, with 6,252,000 kg CO2e from Scope 1 and 1,560,000 kg CO2e from Scope 2. The majority of their emissions, about 93,631,000 kg CO2e, fell under Scope 3, which includes indirect emissions from their value chain. Edenred has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. They have established near-term targets to reduce absolute Scope 1 and 2 emissions by 51.4% by 2030, using 2019 as the baseline year. Additionally, they plan 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 reflect Edenred's commitment to addressing climate change and reducing their carbon footprint in the software and services sector.

Unlock detailed emissions data

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2019202020222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Edenred's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Edenred is headquartered in FR, which has a rank of very low, indicating very low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers