Multitude Sustainability Profile
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.
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
Multitude's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Multitude's reported carbon emissions
In 2023, Multitude reported total carbon emissions of approximately 56,631,000 kg CO2e. This figure includes 254,000 kg CO2e from Scope 2 emissions and a significant 56,377,000 kg CO2e from Scope 3 emissions, which encompasses investments (49,058,000 kg CO2e), employee commuting (1,787,000 kg CO2e), and purchased goods and services (5,395,000 kg CO2e). Comparatively, in 2022, the company’s total emissions were about 30,071,000 kg CO2e, with Scope 2 emissions at 196,000 kg CO2e and Scope 3 emissions at 29,875,000 kg CO2e. This indicates a notable increase in emissions year-on-year, particularly in Scope 3 categories. Despite the increase in emissions, Multitude has not set specific reduction targets or climate pledges, nor do they have any SBTi (Science Based Targets initiative) commitments. The emissions data is not cascaded from a parent company, and all figures are reported directly from Multitude AG. Overall, Multitude's climate commitments and reduction initiatives remain undefined, highlighting an opportunity for the company to establish clear sustainability goals and strategies moving forward.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 196,000 | 000,000 |
| Scope 3 | 29,875,000 | 00,000,000 |
How Carbon Intensive is Multitude's Industry?
How Carbon Intensive is Multitude's Location?
Multitude's Scope 3 Categories Breakdown
Multitude's Scope 3 emissions, which increased by 89% last year and increased by approximately 89% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Investments" being the largest emissions source at 87% of Scope 3 emissions.
Top Scope 3 Categories
Multitude'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.
Multitude 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.
Klarna
Adyen
Revolut
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.