PagBank
PagBank, officially known as PagSeguro Digital Ltd., is a prominent financial technology company headquartered in Brazil. Established in 2006, it has rapidly evolved to become a leader in the digital payments industry, primarily serving the Brazilian market and expanding its reach across Latin America. The company offers a diverse range of services, including online payment solutions, mobile wallets, and financial management tools, all designed to facilitate seamless transactions for both consumers and businesses. PagBank distinguishes itself with its user-friendly interface and robust security features, catering to the needs of millions of users. With a strong market position, PagBank has achieved significant milestones, including a successful IPO in 2018, which underscored its growth and innovation in the fintech sector. As a trusted name in digital finance, PagBank continues to shape the future of payments in Brazil and beyond.
DitchCarbon Score
How does PagBank'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
PagBank's score of 26 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PagBank's reported carbon emissions
In 2021, PagBank reported total carbon emissions of approximately 4,447,055 kg CO2e, with emissions distributed across all three scopes: 307,255 kg CO2e for Scope 1, 470,146 kg CO2e for Scope 2, and a significant 4,444,705 kg CO2e for Scope 3. This marked an increase in emissions compared to 2020, where total emissions were about 3,331,706 kg CO2e, with Scope 1 at 174,708 kg CO2e and Scope 2 at 191,800 kg CO2e. PagBank has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further engagement in climate action and sustainability practices. As a financial institution headquartered in Brazil, PagBank operates within an industry increasingly focused on reducing carbon footprints and enhancing environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 111,999 | 000,000 | 000,000 |
| Scope 2 | 468,658 | 000,000 | 000,000 |
| Scope 3 | 2,193,921 | 0,000,000 | 0,000,000 |
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.
PagBank 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.
