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 higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PAX Technology Ltd.'s reported carbon emissions
In 2023, PAX Technology Ltd., headquartered in Hong Kong, reported total carbon emissions of approximately 1,155,980 kg CO2e. This figure includes 649,100 kg CO2e from Scope 1 emissions and 2,569,620 kg CO2e from Scope 2 emissions, resulting in a combined total of 3,218,720 kg CO2e for Scope 1 and 2. Over the years, PAX Technology has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 1,222,560 kg CO2e, which indicates a reduction in emissions from 2021, where total emissions were approximately 4,221,240 kg CO2e. This trend reflects a significant effort to lower emissions, particularly in Scope 1 and 2 categories. Despite these reductions, PAX Technology has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, which was reported at 2,540 kg CO2e per employee in 2023. Overall, PAX Technology Ltd. is actively working towards minimising its environmental impact while navigating the challenges of carbon emissions in the technology sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| 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 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.
