Public Profile

Healthequity

Healthequity, officially known as HealthEquity, Inc., is a leading provider of health savings accounts (HSAs) and other consumer-directed benefits. Headquartered in the United States, the company operates primarily across North America, focusing on empowering individuals to manage their healthcare expenses effectively. Founded in 2002, HealthEquity has achieved significant milestones, including its successful public offering and strategic acquisitions that have expanded its service offerings. The company’s core products include HSAs, flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), distinguished by their user-friendly technology and comprehensive support services. HealthEquity's commitment to innovation and customer service has solidified its position as a trusted partner in the health benefits industry, making it a preferred choice for employers and individuals alike. With a strong market presence, HealthEquity continues to lead the way in transforming how consumers engage with their healthcare finances.

DitchCarbon Score

How does Healthequity'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.

20

Industry Average

Mean score of companies in the Health 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.

19

Industry Benchmark

Healthequity's score of 20 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

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Healthequity's reported carbon emissions

In 2021, Healthequity reported total carbon emissions of approximately 5,204,000 kg CO2e, a slight increase from about 5,168,000 kg CO2e in 2020. These figures encompass Scope 1 and 2 emissions, reflecting the company's direct and indirect greenhouse gas emissions from its operations. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or initiatives aimed at decreasing their carbon footprint. Healthequity's commitment to addressing climate change remains unclear, as no specific climate pledges or science-based targets have been established. As the company continues to grow, it will be essential for Healthequity to develop and communicate a robust strategy for reducing its carbon emissions in alignment with industry standards and global climate goals.

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20202021
Scope 1
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Scope 2
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Scope 3
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Industry emissions intensity

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Very high
Some industries are more carbon intensive than others. Healthequity's primary industry is Health and social work services (85), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Healthequity is in US, which has a low grid carbon intensity relative to other regions.

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.

Healthequity 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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