MyPath
MyPath, officially known as MyPath Companies, is a leading provider of innovative financial solutions headquartered in the United States. Founded in 2015, the company has rapidly established itself in the fintech industry, focusing on empowering individuals and businesses through tailored financial services. With a strong presence across major operational regions in North America, MyPath offers unique products such as personalised budgeting tools and financial education resources, designed to enhance financial literacy and promote economic well-being. Recognised for its commitment to customer-centric solutions, MyPath has achieved significant milestones, including partnerships with various community organisations to expand its reach. The company’s dedication to innovation and accessibility positions it as a notable player in the financial technology landscape, making it a trusted choice for those seeking to improve their financial health.
DitchCarbon Score
How does MyPath'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 Business Services 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
MyPath's score of 14 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MyPath's reported carbon emissions
In 2023, MyPath reported total carbon emissions of approximately 1,128,131,000 kg CO2e, comprising 189,993,500 kg CO2e from Scope 1, 148,266,300 kg CO2e from Scope 2, and a significant 1,128,131,000 kg CO2e from Scope 3 emissions. This indicates a comprehensive approach to emissions reporting, including direct emissions from owned or controlled sources (Scope 1), indirect emissions from the generation of purchased electricity (Scope 2), and all other indirect emissions (Scope 3). In 2022, MyPath's emissions were approximately 387,151,200 kg CO2e, with 225,610,500 kg CO2e from Scope 1 and 161,540,700 kg CO2e from Scope 2. This data highlights a reduction in Scope 1 and Scope 2 emissions in 2023, suggesting ongoing efforts to improve operational efficiency and reduce energy consumption. Despite these figures, MyPath has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets indicates a potential area for growth in their climate strategy. Overall, MyPath's emissions data reflects a significant commitment to transparency in carbon reporting, while further commitments to reduction strategies could enhance their climate impact.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 225,610,500 | 000,000,000 |
| Scope 2 | 161,540,700 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
MyPath 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.
