PAX Technology Ltd.
PAX Technology Ltd., commonly referred to as PAX, is a leading provider of electronic payment solutions headquartered in Hong Kong. Established in 2000, the company has rapidly expanded its operations across major regions, including Asia, Europe, and North America, solidifying its position in the financial technology industry. PAX is renowned for its innovative range of point-of-sale (POS) terminals and payment processing solutions, which are designed to enhance transaction efficiency and security. The company’s commitment to quality and cutting-edge technology has earned it a strong market presence, with notable achievements in developing contactless payment systems and mobile payment solutions. With a focus on customer-centric services and a robust portfolio, PAX Technology Ltd. continues to set industry standards, making it a trusted partner for businesses seeking reliable payment solutions.
DitchCarbon Score
How does PAX Technology Ltd.'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 Electrical Machinery 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
PAX Technology Ltd.'s score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PAX Technology Ltd.'s reported carbon emissions
In 2022, PAX Technology Ltd., headquartered in Hong Kong, reported carbon emissions of approximately 2,400 kg CO2e per employee, reflecting a reduction from about 3,070 kg CO2e per employee in 2021. This indicates a positive trend in their efforts to manage carbon emissions, although specific total emissions figures for Scope 1 and Scope 2 were not disclosed for these years. The company has not set any formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges, nor have they reported any significant achievements in this area. Their emissions data is cascaded from their parent company, PAX Technology Ltd., indicating a corporate family relationship that influences their reporting practices. PAX Technology Ltd. continues to focus on improving energy consumption metrics, with energy consumption per employee reported at approximately 4.77 in 2022, down from 6.7 in 2021. This suggests ongoing efforts to enhance operational efficiency and reduce environmental impact. Overall, while PAX Technology Ltd. has made strides in reducing emissions per employee, further transparency and commitment to specific reduction targets would strengthen their climate commitments.
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| 2019 | |
|---|---|
| Scope 1 | 102,970 |
| Scope 2 | 1,343,490 |
| Scope 3 | - |
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.
PAX Technology Ltd. is not participating in any of the initiatives that 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.
