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Financial Intermediation
BR
updated a month ago

Mercado Pago Instituição de Pagamento Ltda

Company website

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.

40

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.

30

Industry Benchmark

Mercado Pago Instituição de Pagamento Ltda's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Mercado Pago Instituição de Pagamento Ltda's reported carbon emissions

Inherited from MercadoLibre, Inc.

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mercado Pago Instituição de Pagamento Ltda's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Mercado Pago Instituição de Pagamento Ltda is in BR, which has a very 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.

Mercado Pago Instituição de Pagamento Ltda 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

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Where does DitchCarbon data come from?

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

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