Lotus's Money Services Limited Sustainability Profile
Lotus's Money Services Limited, commonly referred to as Lotus Money, is a prominent player in the financial services industry, headquartered in Thailand (TH). Established in 2018, the company has rapidly expanded its operations across Southeast Asia, focusing on providing innovative money transfer and remittance solutions. Lotus Money distinguishes itself with its user-friendly digital platform, offering competitive exchange rates and low transaction fees. The company’s core services include international money transfers, bill payments, and mobile wallet solutions, catering to both individual and business clients. With a commitment to customer satisfaction and security, Lotus Money has achieved significant market recognition, positioning itself as a trusted choice for those seeking efficient and reliable financial services in the region.
DitchCarbon Score
How does Lotus's Money Services Limited'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
Lotus's Money Services Limited's score of 29 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotus's Money Services Limited, headquartered in Thailand (TH), currently does not have specific carbon emissions data available for recent years. As a current subsidiary, it inherits emissions data and climate commitments from its parent organization, Bank of Ayudhya Public Company Limited, at a cascade level of 2. While no specific reduction targets or achievements have been documented for Lotus's Money Services Limited, the company is part of a broader corporate family that may engage in various climate initiatives. However, details regarding specific reduction initiatives or commitments, such as those from the Science Based Targets initiative (SBTi), are not provided. In the context of the financial services industry, companies are increasingly focusing on sustainability and carbon reduction strategies. Lotus's Money Services Limited is expected to align with these industry trends, although specific commitments or performance metrics remain unspecified at this time.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 10,032,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 53,496,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,832,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Lotus's Money Services Limited's Industry?
How Carbon Intensive is Lotus's Money Services Limited's Location?
Lotus's Money Services Limited's Scope 3 Categories Breakdown
Lotus's Money Services Limited's Scope 3 emissions, which increased by 166% last year and increased by approximately 640% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 63% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
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Lotus's Money Services Limited'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.
Lotus's Money Services Limited 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.
