Finicity Corporation, a leading provider of financial data aggregation and insights, is headquartered in the United States. Founded in 2013, the company has established itself as a key player in the fintech industry, specialising in open banking solutions and data-driven financial services. With a focus on enhancing consumer financial experiences, Finicity offers unique products such as real-time bank data access and credit decisioning tools. The company has achieved significant milestones, including partnerships with major financial institutions and recognition for its innovative technology. Finicity's core services empower businesses to make informed decisions by leveraging accurate financial data, positioning the company as a trusted resource in the evolving landscape of financial technology.
How does Finicity Corporation'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 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.
Finicity Corporation's score of 86 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Finicity Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is a current subsidiary of Mastercard Incorporated, which has established significant climate commitments and reduction initiatives that may influence Finicity's environmental strategies. Mastercard has set ambitious targets through the Science Based Targets initiative (SBTi) and participates in various climate initiatives, including the Carbon Disclosure Project (CDP) and RE100. These commitments aim to reduce emissions across all scopes, particularly focusing on Scope 1 and 2 emissions, while also addressing Scope 3 emissions through supply chain engagement. As a subsidiary, Finicity's climate commitments are likely aligned with Mastercard's overarching sustainability goals, although specific reduction targets for Finicity have not been disclosed. The cascading of data and initiatives from Mastercard suggests a commitment to integrating robust climate action within its operational framework. In summary, while Finicity Corporation does not currently report its own emissions data, it is positioned within a corporate family that prioritises climate action and sustainability, guided by the initiatives and targets set by Mastercard Incorporated.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,486,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 94,728,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 849,277,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Finicity Corporation's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 45% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 85% of Scope 3 emissions.
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.
Finicity Corporation 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.