Gocardless Sustainability Profile
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 50 is higher than 70% 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 150 kg CO2e from Scope 1 emissions, 44,580 kg CO2e from Scope 2 emissions (market-based), and a significant 11,402,130 kg CO2e from Scope 3 emissions, which encompasses areas such as business travel and purchased goods and services. GoCardless has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 92% by 2027, using 2019 as the base year. Additionally, the company targets a 90% reduction in Scope 3 emissions per full-time employee by 2027 and a 97% reduction by 2035. Furthermore, GoCardless is committed to sourcing 100% renewable electricity by 2027, up from 53% in 2019. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the company's goal of achieving net-zero greenhouse gas emissions across its value chain by 2035. The targets for Scope 1 and Scope 2 emissions are consistent with the reductions required to limit global warming to 1.5°C.
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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 | 6,205,270 | 00,000,000 | 00,000,000 | 00,000,000 |
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Gocardless's Scope 3 Categories Breakdown
Gocardless's Scope 3 emissions, which decreased by 29% last year and increased by approximately 84% since 2019, 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 29% of Scope 3 emissions.
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Gocardless'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.
Gocardless has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Gocardless's sustainability data and climate commitments