Financial Technologies Inc. Sustainability Profile
Financial Technologies Inc., headquartered in the United States, is a leading player in the financial technology sector, specialising in innovative solutions for payment processing and digital banking. Founded in the early 2000s, the company has achieved significant milestones, including the launch of its proprietary payment platform that streamlines transactions for businesses of all sizes. With a strong presence in North America and expanding operations in Europe and Asia, Financial Technologies Inc. offers unique services such as real-time analytics and fraud detection, setting it apart from competitors. The company has garnered recognition for its commitment to security and efficiency, positioning itself as a trusted partner for financial institutions. As a pioneer in the fintech industry, Financial Technologies Inc. continues to shape the future of finance through cutting-edge technology and customer-centric solutions.
DitchCarbon Score
How does Financial Technologies Inc.'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 Computer Services 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
Financial Technologies Inc.'s score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Financial Technologies Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is part of a corporate family that includes Fidelity National Information Services, Inc., from which it inherits emissions data and climate initiatives. As a merged entity, Financial Technologies Inc. follows the climate commitments and reduction initiatives set forth by Fidelity National Information Services, Inc. However, specific reduction targets or achievements have not been disclosed. The company does not appear to have established Science-Based Targets Initiative (SBTi) reduction targets or any documented climate pledges. In the context of its industry, Financial Technologies Inc. is expected to align with broader climate commitments and sustainability practices, although specific details regarding its own initiatives remain unspecified. The lack of direct emissions data suggests that the company may still be in the early stages of formalising its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 16,964,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 96,771,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 556,647,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Financial Technologies Inc.'s Industry?
How Carbon Intensive is Financial Technologies Inc.'s Location?
Financial Technologies Inc.'s Scope 3 Categories Breakdown
Financial Technologies Inc.'s Scope 3 emissions, which decreased by 6% last year and decreased by approximately 19% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 46% of Scope 3 emissions.
Top Scope 3 Categories
Financial Technologies Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Financial Technologies Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
