Pay.UK, headquartered in Great Britain, is a leading player in the payments industry, established to enhance the UK's payment infrastructure. Founded in 2018, the company has quickly become a cornerstone of the UK's financial ecosystem, overseeing key payment systems such as Bacs, Faster Payments, and the Cheque and Credit Clearing Company. With a focus on innovation and security, Pay.UK provides essential services that facilitate seamless transactions for businesses and consumers alike. Its commitment to improving payment efficiency and reliability sets it apart in a competitive market. As a trusted authority in payment solutions, Pay.UK continues to drive advancements that support the evolving needs of the UK economy, solidifying its position as a pivotal entity in the financial services landscape.
How does Pay.UK'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.
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.
Pay.UK's score of 15 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Pay.UK reported total carbon emissions of approximately 60,900 kg CO2e, a significant reduction from about 65,700 kg CO2e in 2022. The emissions breakdown for 2023 indicates that Scope 2 emissions, primarily from purchased electricity, accounted for about 56,400 kg CO2e, while Scope 3 emissions contributed approximately 4,500 kg CO2e. Notably, Pay.UK has consistently reported zero Scope 1 emissions across the years. The company has demonstrated a commitment to reducing its carbon footprint, achieving a reduction of about 40% from 2020's total emissions of approximately 127,849 kg CO2e to 2023 levels. However, there are currently no specific reduction targets or climate pledges outlined in their initiatives. Pay.UK's ongoing efforts reflect a proactive approach to climate responsibility, aligning with industry standards for emissions reporting and reduction.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 80,100 | 00,000 | 00,000 |
Scope 3 | - | 0,000 | 0,000 |
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.
Pay.UK 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.