NETS Sustainability Profile
NETS, officially known as Nets Group, is a leading payment service provider headquartered in Norway. Established in 2010, the company has rapidly expanded its operations across the Nordic region, offering innovative payment solutions tailored for businesses of all sizes. Specialising in digital payments, NETS provides a comprehensive suite of services, including card processing, e-invoicing, and fraud prevention. Their unique approach combines cutting-edge technology with a deep understanding of customer needs, ensuring secure and efficient transactions. Recognised for its market leadership, NETS has achieved significant milestones, including strategic partnerships and acquisitions that enhance its service offerings. With a commitment to driving digital transformation in the payments industry, NETS continues to set the standard for excellence in payment solutions across Europe.
DitchCarbon Score
How does NETS'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
NETS's score of 68 is higher than 82% 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
NETS's reported carbon emissions
In 2022, NETS reported total carbon emissions of approximately 5,392,000 kg CO2e. This figure includes 1,261,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 150,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 3,981,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Comparatively, NETS's emissions in 2020 were about 6,090,700 kg CO2e, and in 2019, they were approximately 7,840,200 kg CO2e. This indicates a significant reduction in emissions over the years, highlighting their commitment to sustainability. As part of their climate strategy, NETS, as a subsidiary of Nexi S.p.A., has set ambitious targets to achieve zero emissions by 2040. They aim to reduce their absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. This commitment reflects a broader initiative to enhance decarbonisation efforts across their operations. The emissions data for NETS is cascaded from their parent company, Nexi S.p.A., which is responsible for setting these climate targets. This corporate relationship underscores the importance of collective action in addressing climate change within the financial services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,411,400 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,720,300 | 0,000,000 | 000,000 |
| Scope 3 | 2,272,300 | 000,000 | 0,000,000 |
How Carbon Intensive is NETS's Industry?
How Carbon Intensive is NETS's Location?
NETS'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.
NETS 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.
