Edenred, a global leader in digital payment solutions, is headquartered in Luxembourg (LU) and operates extensively across Europe, Latin America, and Asia. Founded in 1962, the company has evolved significantly, marking key milestones such as its initial public offering in 2010 and the acquisition of various fintech firms to enhance its service offerings. Edenred's core products include employee benefits, expense management solutions, and meal vouchers, all designed to improve employee engagement and streamline business operations. What sets Edenred apart is its innovative approach to digital solutions, which cater to the evolving needs of businesses and employees alike. With a strong market position, Edenred serves millions of users worldwide, solidifying its reputation as a trusted partner 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 Hospitality 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 31 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, EDENRED reported total greenhouse gas emissions of approximately 7,427,000 kg CO2e, encompassing Scope 1 and 2 emissions. The company has set ambitious targets for reducing its emissions intensity, aiming for a 52% reduction compared to 2013 levels by 2030, specifically for Scope 2 emissions. Additionally, EDENRED achieved a 26% reduction in emissions intensity by 2022, relative to the same baseline year. These commitments reflect EDENRED's proactive approach to addressing climate change and enhancing sustainability within its operations.
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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 not participating in any 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.