Mercado Pago Instituição de Pagamento Ltda Sustainability Profile
Mercado Pago Instituição de Pagamento Ltda, a leading payment institution based in Brazil, has established itself as a key player in the fintech industry since its inception in 2003. With its headquarters in São Paulo, the company operates extensively across Latin America, providing innovative financial solutions tailored to meet the needs of both consumers and businesses. Specialising in digital payments, Mercado Pago offers a range of services, including online payment processing, mobile wallets, and point-of-sale solutions. Its unique integration with the Mercado Livre e-commerce platform enhances user experience and accessibility. Recognised for its robust security measures and user-friendly interface, Mercado Pago has garnered a significant market share, positioning itself as a trusted choice for millions of users in the region.
DitchCarbon Score
How does Mercado Pago Instituição de Pagamento Ltda'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
Mercado Pago Instituição de Pagamento Ltda's score of 58 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mercado Pago Instituição de Pagamento Ltda, headquartered in Brazil, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of MercadoLibre, Inc., which may influence its climate-related initiatives and commitments. As part of its corporate family, Mercado Pago's climate commitments and reduction targets are likely aligned with those of MercadoLibre, Inc. However, specific reduction targets or achievements have not been disclosed for Mercado Pago. The absence of documented reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Mercado Pago's climate efforts may be informed by the broader sustainability initiatives of MercadoLibre, Inc., which has been active in various climate-related frameworks, including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, without specific data or commitments from Mercado Pago itself, it is challenging to provide a detailed overview of its carbon emissions or climate strategies. In summary, while Mercado Pago Instituição de Pagamento Ltda is part of a larger organisation with potential climate commitments, it currently lacks specific emissions data and reduction targets.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 83,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,600,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 256,879,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Mercado Pago Instituição de Pagamento Ltda's Industry?
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Mercado Pago Instituição de Pagamento Ltda's Scope 3 Categories Breakdown
Mercado Pago Instituição de Pagamento Ltda's Scope 3 emissions, which increased by 11% last year and increased by approximately 802% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 40% of Scope 3 emissions.
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Mercado Pago Instituição de Pagamento Ltda'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.
Mercado Pago Instituição de Pagamento Ltda 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.
