Public Profile

Latinex Holdings

Latinex Holdings, a prominent player in the financial services industry, is headquartered in the United States and operates extensively across North America and Latin America. Founded in 2015, the company has rapidly established itself as a leader in providing innovative financial solutions tailored to the unique needs of its diverse clientele. Specialising in cross-border transactions, remittances, and digital payment services, Latinex Holdings distinguishes itself through its commitment to security, efficiency, and customer-centric technology. The company has achieved significant milestones, including strategic partnerships that enhance its service offerings and expand its market reach. With a strong market position, Latinex Holdings is recognised for its robust compliance framework and dedication to financial inclusion, making it a trusted choice for individuals and businesses seeking reliable financial services in an increasingly interconnected world.

DitchCarbon Score

How does Latinex Holdings'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.

28

Industry Average

Mean score of companies in the Business 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.

26

Industry Benchmark

Latinex Holdings's score of 28 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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Latinex Holdings's reported carbon emissions

In 2023, Latinex Holdings reported total carbon emissions of approximately 14,005,400 kg CO2e. This figure includes 3,630,000 kg CO2e from Scope 1 emissions and 10,375,400 kg CO2e from Scope 2 emissions. Compared to 2022, where total emissions were about 13,950,000 kg CO2e, the company has seen a slight increase in emissions, primarily driven by changes in operational activities. In 2022, Latinex Holdings' emissions comprised 4,050,000 kg CO2e from Scope 1 and 9,910,000 kg CO2e from Scope 2. The significant drop in Scope 1 emissions from 11,360,000 kg CO2e in 2021 indicates a shift in their operational efficiency, although the overall emissions have not shown a consistent downward trend. Despite these figures, Latinex Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, while Latinex Holdings has made strides in managing its Scope 1 emissions, the lack of formal reduction commitments suggests an opportunity for further engagement in climate action and sustainability practices.

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2020202120222023
Scope 1
6,680
00,000,000
0,000,000
0,000,000
Scope 2
7,740
0,000,000
0,000,000
00,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Latinex Holdings's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
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 Latinex Holdings 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.

Latinex Holdings 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers