Moneycorp, officially known as Moneycorp Group Limited, is a leading foreign exchange and international payments provider headquartered in Great Britain. Established in 1979, the company has grown significantly, expanding its operations across Europe, North America, and Asia, catering to both individual and corporate clients. Specialising in foreign exchange services, international money transfers, and currency risk management, Moneycorp stands out for its competitive rates and personalised service. The company has achieved notable milestones, including the launch of innovative digital platforms that enhance user experience and streamline transactions. With a strong market position, Moneycorp is recognised for its commitment to compliance and security, making it a trusted partner for businesses and individuals alike. Its extensive experience and tailored solutions have solidified its reputation as a key player in the financial services industry.
How does Moneycorp'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.
Moneycorp's score of 27 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Moneycorp reported total carbon emissions of approximately 185,400 kg CO2e, which includes about 40,400 kg CO2e from Scope 1 emissions and about 145,000 kg CO2e from Scope 2 emissions. This marks an increase from 2022, when the company emitted about 117,000 kg CO2e, all of which were classified under Scope 2. Despite the rise in emissions, Moneycorp has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not committed to any climate pledges or set Science-Based Targets Initiative (SBTi) reduction targets, indicating a potential area for future improvement in their climate strategy. Overall, while Moneycorp's emissions data reflects a growing environmental impact, the absence of defined reduction commitments suggests that the company may need to enhance its climate action efforts to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | - | 00,000 |
Scope 2 | 117,000 | 000,000 |
Scope 3 | - | - |
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.
Moneycorp is not committed to any 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.