Honey Science Corporation Sustainability Profile
Honey Science Corporation, commonly known as Honey, is a leading technology company headquartered in the United States. Founded in 2012, Honey has rapidly established itself in the e-commerce industry, primarily focusing on providing innovative solutions for online shoppers. The company is renowned for its unique browser extension and mobile app, which automatically finds and applies coupon codes at checkout, helping consumers save money effortlessly. With a strong presence across major operational regions in North America, Honey has achieved significant milestones, including its acquisition by PayPal in 2020, which further solidified its market position. Honey's core offerings not only enhance the online shopping experience but also include a rewards programme that allows users to earn points on purchases. This combination of user-friendly technology and customer-centric services has made Honey a trusted name in the digital savings landscape.
DitchCarbon Score
How does Honey Science Corporation'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 Computer 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
Honey Science Corporation's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Honey Science Corporation, 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 corporate family relationship with PayPal Holdings, Inc., from which it inherits climate commitments and initiatives. As a current subsidiary of PayPal, Honey Science Corporation aligns with the sustainability goals set by its parent company. PayPal has established various climate initiatives, including commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to reduce greenhouse gas emissions across all scopes, although specific reduction targets for Honey Science Corporation have not been disclosed. The company is also involved in broader industry efforts, such as the RE100 initiative, which focuses on transitioning to 100% renewable energy, and the Climate Pledge, although specific commitments from Honey Science Corporation are not detailed. In summary, while Honey Science Corporation does not provide its own emissions data or specific reduction targets, it is supported by the climate commitments and initiatives of its parent company, PayPal Holdings, Inc., reflecting a commitment to sustainability within its operational framework.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,445,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 63,188,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,838,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Honey Science Corporation's Industry?
How Carbon Intensive is Honey Science Corporation's Location?
Honey Science Corporation's Scope 3 Categories Breakdown
Honey Science Corporation's Scope 3 emissions, which decreased by 8% last year and increased significantly since 2017, 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 82% of Scope 3 emissions.
Top Scope 3 Categories
Honey Science Corporation'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.
Honey Science Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
