Public Profile

Multitude

Multitude, a prominent player in the fintech industry, is headquartered in Finland (FI) and operates across several key regions in Europe. Founded in 2014, the company has rapidly evolved, establishing itself as a leader in providing innovative financial solutions tailored for consumers and businesses alike. Specialising in digital banking and payment services, Multitude offers unique products that enhance user experience and financial accessibility. Their commitment to leveraging technology for seamless transactions sets them apart in a competitive market. With a strong market position, Multitude has achieved significant milestones, including expanding its service offerings and enhancing customer engagement. As a forward-thinking company, Multitude continues to redefine the landscape of financial services, making it a noteworthy name in the fintech sector.

DitchCarbon Score

How does Multitude'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.

34

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.

26

Industry Benchmark

Multitude's score of 34 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Multitude's reported carbon emissions

In 2023, Multitude reported total carbon emissions of approximately 56,631,000 kg CO2e, a significant increase from about 30,071,000 kg CO2e in 2022. The emissions breakdown for 2023 includes approximately 254,000 kg CO2e from Scope 2 and approximately 5,395,000 kg CO2e from Scope 3, with notable contributions from employee commuting (about 1,787,000 kg CO2e) and purchased goods and services. Despite the increase in total emissions, Multitude has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not set any Science-Based Targets Initiative (SBTi) reduction targets or made any formal climate pledges. As a company headquartered in Finland (FI), Multitude operates within a global context where increasing transparency and accountability regarding carbon emissions is becoming essential. The absence of defined reduction strategies highlights an area for potential improvement in their climate commitments.

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20222023
Scope 1
-
-
Scope 2
196,000
000,000
Scope 3
29,591,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Multitude'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. Multitude is headquartered in FI, which has a rank of very low, indicating very low grid carbon intensity.

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.

Multitude 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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