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 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Klarna's reported carbon emissions
Klarna, headquartered in Sweden, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2040. Although specific emissions data for the most recent year is not available, Klarna has established significant reduction targets. The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. Furthermore, it has committed to a long-term goal of reducing these emissions by 90% by 2040. In terms of Scope 3 emissions, Klarna plans to achieve a 25% reduction by 2030 and a 90% reduction by 2040. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. Klarna's commitment to sustainability is further underscored by its participation in the Amazon Climate Pledge, which it signed on June 27, 2021. Overall, Klarna's proactive approach to climate action reflects its dedication to reducing its environmental impact and contributing to global sustainability efforts.
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 participating in some 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.
