Gocardless
GoCardless, a leading payment solutions provider, is headquartered in the United Kingdom and operates across Europe, North America, and Australia. Founded in 2011, the company has revolutionised the direct debit landscape, enabling businesses to collect recurring payments seamlessly. Specialising in online payments, GoCardless offers a unique platform that simplifies the payment process for both merchants and customers. Its core services include direct debit solutions that are designed to reduce transaction costs and improve cash flow management. With a strong market position, GoCardless has achieved significant milestones, including partnerships with major financial institutions and integration with popular accounting software. This commitment to innovation and customer satisfaction has solidified its reputation as a trusted choice for businesses seeking efficient payment solutions.
DitchCarbon Score
How does Gocardless'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 Financial Intermediation 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
Gocardless's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gocardless's reported carbon emissions
In 2022, GoCardless reported total carbon emissions of approximately 5,516,920 kg CO2e. This includes Scope 1 emissions of about 150 kg CO2e, Scope 2 emissions of approximately 44,580 kg CO2e (market-based), and significant Scope 3 emissions of around 11,344,000 kg CO2e. The company has shown a reduction from 2021, where total emissions were about 7,923,240 kg CO2e, with Scope 3 emissions at approximately 16,108,920 kg CO2e. GoCardless has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2035. Near-term targets include a 92% reduction in absolute Scope 1 and Scope 2 emissions by 2027 from a 2019 baseline, and a 90% reduction in Scope 3 emissions per full-time employee by the same year. Additionally, the company plans to increase its sourcing of renewable electricity from 53% in 2019 to 100% by 2027. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect GoCardless's commitment to sustainable practices within the financial services sector. The company is on track to meet its near-term goals, with a long-term vision to further reduce Scope 3 emissions by 97% per full-time employee by 2035.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 240 | 000 | 000 | 000 |
| Scope 2 | 31,440 | 00,000 | 0,000 | 00,000 |
| Scope 3 | 12,259,360 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Gocardless is participating in some 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.
