Green Dot
Green Dot Corporation, commonly known as Green Dot, is a leading financial technology and bank holding company headquartered in Delaware. Founded in 1999, Green Dot has established itself as a pioneer in the prepaid debit card industry, offering innovative banking solutions that cater to a diverse clientele across the United States. The company’s core products include prepaid debit cards, mobile banking services, and cash management solutions, all designed to provide consumers with accessible and flexible financial options. Green Dot's unique approach combines technology with user-friendly services, making it a preferred choice for those seeking alternative banking solutions. With a strong market position, Green Dot has achieved significant milestones, including partnerships with major retailers and the launch of its mobile banking app. As a key player in the fintech sector, Green Dot continues to redefine the way consumers manage their finances.
DitchCarbon Score
How does Green Dot'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 Real Estate 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
Green Dot's score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Green Dot's reported carbon emissions
In 2016, Green Dot reported total carbon emissions of approximately 26,487,000 kg CO2e, comprising about 1,637,000 kg CO2e from Scope 1 and about 25,317,000 kg CO2e from Scope 2 emissions. This data indicates a significant carbon footprint, primarily from energy consumption and direct emissions associated with their operations. Comparatively, in 2015, the company recorded total emissions of about 27,291,000 kg CO2e, with Scope 1 emissions at approximately 1,928,000 kg CO2e and Scope 2 emissions at about 26,301,000 kg CO2e. This shows a slight reduction in total emissions from 2015 to 2016. Despite these figures, Green Dot has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of Scope 3 emissions data suggests that the company may not be fully accounting for all indirect emissions associated with their value chain, which is a critical aspect of comprehensive climate commitments. Overall, while Green Dot has made strides in tracking their emissions, further transparency regarding their climate commitments and reduction strategies would enhance their sustainability profile.
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| 2015 | 2016 | |
|---|---|---|
| Scope 1 | 1,928,000 | 0,000,000 |
| Scope 2 | 26,301,000 | 00,000,000 |
| Scope 3 | - | - |
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.
Green Dot is not participating in any 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.
