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.
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.
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.
Klarna's score of 48 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Klarna reported total carbon 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. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (96,616,000 kg CO2e) and business travel (10,155,000 kg CO2e). Klarna has demonstrated a commitment to addressing climate change by signing the Amazon Climate Pledge on 27 June 2021, which signifies their intention to achieve net-zero carbon emissions by 2040. While specific reduction targets have not been disclosed, their participation in this pledge indicates a proactive approach to sustainability and carbon footprint reduction. Overall, Klarna's emissions data highlights the importance of focusing on Scope 3 emissions, which constitute the majority of their carbon footprint, and their commitment to long-term climate action through strategic initiatives.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 77,200 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 |
Scope 2 | 792,303,000 | 000,000 | 0,000,000 | 0,000 | 00,000 | 00,000 |
Scope 3 | 3,419,748,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.