Galileo Financial Technologies, LLC Sustainability Profile
Galileo Financial Technologies, LLC, commonly referred to as Galileo, is a leading provider of payment technology solutions headquartered in the United States. Founded in 2000, the company has established itself as a key player in the fintech industry, particularly in the areas of payment processing and card issuing. With a strong operational presence across North America and beyond, Galileo offers a suite of innovative products and services that empower businesses to create and manage their own payment solutions. Galileo's core offerings include advanced APIs for payment processing, card issuance, and digital banking services, distinguished by their scalability and flexibility. The company has achieved significant milestones, including partnerships with major financial institutions and fintech companies, solidifying its market position as a trusted technology provider. With a commitment to driving innovation in the payments landscape, Galileo continues to shape the future of financial technology.
DitchCarbon Score
How does Galileo Financial Technologies, LLC'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 Business 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
Galileo Financial Technologies, LLC's score of 55 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Galileo Financial Technologies, LLC, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of SoFi Technologies, Inc., which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges from Galileo Financial Technologies. The absence of specific initiatives or targets suggests that the company may still be in the early stages of developing its climate strategy or reporting framework. Given its affiliation with SoFi Technologies, Inc., emissions data and climate commitments may be cascaded from this parent organisation. However, specific details regarding emissions performance or reduction initiatives from SoFi Technologies, Inc. have not been provided in the available data. In summary, while Galileo Financial Technologies, LLC is part of a larger corporate family that may have climate commitments, it currently lacks specific emissions data and reduction targets.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 352,500 | 000,000 | 000,000 |
| Scope 2 | 2,049,200 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Galileo Financial Technologies, LLC's Industry?
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Galileo Financial Technologies, LLC's Scope 3 Categories Breakdown
Galileo Financial Technologies, LLC's Scope 3 emissions, which increased by 41% last year and increased by approximately 41% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 66% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 70% of Scope 3 emissions.
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Galileo Financial Technologies, LLC'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.
Galileo Financial Technologies, LLC 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.
