Network
Network International, a leading payment solutions provider, is headquartered in the United Arab Emirates (AE) and operates extensively across the Middle East and Africa. Founded in 1994, the company has established itself as a key player in the fintech industry, offering a comprehensive suite of services that includes payment processing, digital banking, and merchant solutions. With a focus on innovation, Network International stands out for its advanced technology and customer-centric approach, enabling businesses to enhance their payment capabilities. The company has achieved significant milestones, including partnerships with major financial institutions and a robust presence in the e-commerce sector. Recognised for its market leadership, Network International continues to drive growth and transformation in the payments landscape, making it a trusted choice for businesses seeking reliable and efficient payment solutions.
DitchCarbon Score
How does Network'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 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
Network's score of 40 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Network's reported carbon emissions
In 2023, Network reported total carbon emissions of approximately 46,000,000 kg CO2e, with emissions distributed across various scopes: 220,000 kg CO2e from Scope 1, 1,022,000 kg CO2e from Scope 2 (market-based), and 42,396,000 kg CO2e from Scope 3. The Scope 3 emissions include significant contributions from purchased goods and services (about 14,767,000 kg CO2e) and the use of sold products (approximately 15,847,000 kg CO2e). In 2022, the total emissions were around 34,540,000 kg CO2e, with Scope 1 emissions at 210,000 kg CO2e and Scope 2 emissions at 1,134,000 kg CO2e (market-based). The previous year, 2021, saw total emissions of about 32,531,000 kg CO2e, with Scope 1 at 194,000 kg CO2e and Scope 2 at 1,613,000 kg CO2e (market-based). Despite the increasing trend in emissions, there are currently no specific reduction targets or climate pledges documented for Network. The company is expected to enhance its climate commitments in line with industry standards, focusing on reducing its carbon footprint across all scopes, particularly in Scope 3, which constitutes the majority of its emissions.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 194,000 | 000,000 | 000,000 |
| Scope 2 | 1,613,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 32,531,000 | 00,000,000 | 00,000,000 |
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.
Network 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.
