NetSpend Holdings, Inc. Sustainability Profile
NetSpend Holdings, Inc., a leading provider of prepaid debit cards and related financial services, is headquartered in the United States. Founded in 1999, the company has established itself as a key player in the financial technology industry, particularly in the realm of alternative banking solutions. With a focus on serving underbanked consumers, NetSpend offers a range of products, including reloadable prepaid cards and mobile banking services, designed to provide financial flexibility and accessibility. The company operates primarily across the US, catering to millions of customers who seek convenient and secure payment options. Notable achievements include partnerships with major retailers and a strong market presence, positioning NetSpend as a trusted name in prepaid financial services. Its commitment to innovation and customer service sets it apart in a competitive landscape, making it a preferred choice for those looking to manage their finances effectively.
DitchCarbon Score
How does NetSpend Holdings, Inc.'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
NetSpend Holdings, Inc.'s score of 46 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NetSpend Holdings, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Global Payments Inc., which may influence its climate commitments and reporting practices. As of now, NetSpend has not established any documented reduction targets or climate pledges. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its affiliation with Global Payments Inc., it is important to note that any climate-related initiatives or targets may be influenced by the parent company's policies and practices. However, without specific data or commitments from NetSpend itself, a detailed assessment of its carbon emissions and climate commitments remains unavailable.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,721,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 43,111,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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NetSpend Holdings, Inc.'s Scope 3 Categories Breakdown
NetSpend Holdings, Inc.'s Scope 3 emissions, which decreased by 3% last year and decreased by approximately 21% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 32% of Scope 3 emissions.
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NetSpend Holdings, Inc.'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.
NetSpend Holdings, Inc. 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.
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