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Form3, officially known as Form3 Financial Cloud, is a leading provider of cloud-based payment technology headquartered in Great Britain. Founded in 2016, the company has rapidly established itself in the fintech industry, focusing on delivering innovative payment solutions to banks and financial institutions across Europe and beyond.
Specialising in real-time payment processing, Form3 offers a unique platform that simplifies the complexities of payment infrastructure. Their core services include Payment as a Service (PaaS), which enables clients to seamlessly integrate and manage various payment types, enhancing operational efficiency and customer experience.
With a strong market position, Form3 has achieved significant milestones, including partnerships with major financial institutions and recognition for its cutting-edge technology. The company continues to drive transformation in the payments landscape, making it a key player in the evolving fintech sector.
-11 vs industry average
Form3’s score of 26 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Services Auxiliary to Financial Intermediation has below-average carbon intensity
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
In 2022, Form3 Technology Limited reported total carbon emissions of approximately 743,820 kg CO2e. This figure includes Scope 1 emissions of about 62,540 kg CO2e, which consist of 43,430 kg CO2e from fugitive emissions and 10,750 kg CO2e from stationary combustion. Scope 2 emissions totalled approximately 143,910 kg CO2e, primarily from purchased electricity at 112,290 kg CO2e. The most significant contribution came from Scope 3 emissions, which reached approximately 543,370 kg CO2e, with employee commuting accounting for about 361,000 kg CO2e.
Currently, Form3 has not established any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from Form3 Technology Limited, reflecting its status as a current subsidiary.
As a company headquartered in Great Britain, Form3 is positioned within an industry increasingly focused on climate accountability and sustainability, yet it has yet to publicly commit to specific climate pledges or reduction strategies.
No climate goals have been disclosed for Form3 yet.
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