Klarna
Klarna, officially known as Klarna Bank AB, is a leading fintech company headquartered in Stockholm, Sweden (SE). Founded in 2005, Klarna has revolutionised the online shopping experience by offering innovative payment solutions that enhance consumer convenience and merchant sales. With a strong presence across Europe and the United States, Klarna operates primarily in the e-commerce sector, providing services such as "Pay Later" and "Pay Now" options. Klarna's unique offerings allow customers to shop with confidence, enabling them to try products before committing to payment. The company has achieved significant milestones, including partnerships with thousands of retailers and a user base exceeding 60 million consumers globally. As a prominent player in the buy now, pay later (BNPL) market, Klarna continues to shape the future of digital payments, making it a trusted choice for both shoppers and merchants alike.
DitchCarbon Score
How does Klarna'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
Klarna's score of 66 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Klarna's reported carbon emissions
In 2023, Klarna reported total greenhouse gas emissions of approximately 109,943,000 kg CO2e. This figure includes 67,000 kg CO2e from Scope 1 emissions, 52,000 kg CO2e from Scope 2 emissions, and a significant 109,824,000 kg CO2e from Scope 3 emissions, which encompass the majority of their carbon footprint. Klarna has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% and Scope 3 emissions by 25% by 2030, using 2022 as the baseline year. For the long term, Klarna aims to achieve a 90% reduction in both Scope 1 and 2 emissions, as well as Scope 3 emissions, by 2040. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. Klarna's commitment reflects a proactive approach to sustainability within the software and services sector, headquartered in Sweden (SE).
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 234,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 456,000 | 0,000,000 | 0,000 | 00,000 | 00,000 |
| Scope 3 | 55,732,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Klarna is committed to some reduction initiatives 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.
