Panda Sustainability Profile
Panda, officially known as Panda.fi, is a prominent player in the fintech industry, headquartered in Finland. Founded in 2020, the company has quickly established itself as a leader in providing innovative financial solutions, particularly in the realm of digital banking and payment processing. With a focus on enhancing user experience, Panda offers unique services that streamline financial transactions and improve accessibility for consumers and businesses alike. The company operates primarily in the Nordic region, catering to a growing demand for efficient and secure financial services. Panda's commitment to innovation has garnered significant attention, positioning it as a notable contender in the competitive fintech landscape. As it continues to expand its offerings, Panda remains dedicated to redefining the future of finance through technology-driven solutions.
DitchCarbon Score
How does Panda'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 Food Product Manufacturing 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
Panda's score of 74 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Panda, headquartered in Finland (FI), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Orkla ASA, and as such, it inherits emissions data and climate commitments from its parent organisation. Panda has not publicly disclosed any specific reduction targets or achievements in its climate initiatives. However, it is important to note that its climate commitments and performance metrics are influenced by Orkla ASA's sustainability strategies, which include various initiatives aimed at reducing carbon emissions across their operations. As a subsidiary, Panda's climate actions may align with Orkla ASA's broader sustainability goals, which are likely to include commitments to the Science Based Targets initiative (SBTi) and other industry-standard climate frameworks. However, without specific data or targets from Panda itself, a detailed assessment of its carbon footprint and reduction strategies remains unavailable.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 136,424,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 167,239,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 3,921,106,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Panda's Industry?
How Carbon Intensive is Panda's Location?
Panda's Scope 3 Categories Breakdown
Panda's Scope 3 emissions, which increased by 106% last year and increased by approximately 65% since 2014, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
Panda'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.
Panda has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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