Google Payment Corp. Sustainability Profile
Google Payment Corp., a subsidiary of the tech giant Google, is headquartered in the United States and operates extensively across North America and Europe. Founded in 2011, the company has rapidly established itself in the financial technology sector, focusing on digital payment solutions and mobile wallet services. With products like Google Pay, Google Payment Corp. offers a seamless and secure payment experience, integrating advanced technology to enhance user convenience. The platform stands out for its ability to facilitate transactions across various devices and platforms, making it a preferred choice for consumers and businesses alike. Recognised for its innovation, Google Payment Corp. has achieved significant milestones, including partnerships with major retailers and financial institutions, solidifying its position as a leader in the digital payments industry.
DitchCarbon Score
How does Google Payment Corp.'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
Google Payment Corp.'s score of 88 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Google Payment Corp., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a broader corporate family under Alphabet Inc., which has established significant climate commitments and reduction initiatives. As a current subsidiary of Alphabet Inc., Google Payment Corp. inherits emissions data and climate targets from its parent company. Alphabet Inc. has made substantial commitments to sustainability, including initiatives under the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which aim to drive reductions in greenhouse gas emissions across its operations. While specific reduction targets for Google Payment Corp. are not detailed, Alphabet Inc. has set ambitious goals to achieve carbon-free energy across its global operations by 2030. This commitment reflects a strong focus on reducing Scope 1, 2, and 3 emissions, although specific figures for Google Payment Corp. are not available. In summary, while Google Payment Corp. does not currently report its own emissions data, it is aligned with Alphabet Inc.'s comprehensive climate strategy, which includes significant commitments to sustainability and emissions reduction.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 29,563,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,439,703,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 208,157,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Google Payment Corp.'s Industry?
How Carbon Intensive is Google Payment Corp.'s Location?
Google Payment Corp.'s Scope 3 Categories Breakdown
Google Payment Corp.'s Scope 3 emissions, which increased by 12% last year and increased significantly since 2011, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 79% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 30% of Scope 3 emissions.
Top Scope 3 Categories
Google Payment Corp.'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.
Google Payment Corp. 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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