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OrganisationsPaypal
Paypal logo

Paypal

Financial IntermediationUnited StatesNASDAQ: PYPL
Last verified 29 days agopaypal.com

PayPal Holdings, Inc., commonly known as PayPal, is a leading player in the financial intermediation services sector, headquartered in the United States. Founded in 1998, the company has revolutionised online payments, enabling individuals and businesses to transact securely across the globe. With a strong presence in North America, Europe, and Asia, PayPal offers a range of core services, including digital wallets, payment processing, and merchant services, distinguished by their user-friendly interface and robust security features.

Over the years, PayPal has achieved significant milestones, such as the acquisition of Braintree and Venmo, further solidifying its market position. As a pioneer in the fintech industry, PayPal continues to innovate, providing seamless payment solutions that cater to millions of users worldwide, making it a trusted name in online financial transactions.

78
DitchCarbon score

+43 vs industry average

Paypal’s score of 78 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Paypal’s sustainability team

Cullen Mitchell

Cullen Mitchell

Environmental Sustainability Manager

Anthony Goh

Anthony Goh

Data Governance Manager | ESG Controllership

Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2028

000.0M000.0M000.0M000.0M0

Unlock Forecasting

Sign up to see forecasted emissions and if they are on track for their climate goals

202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Paypal's reported carbon emissions

PayPal's climate commitments focus on reducing greenhouse gas (GHG) emissions across its operations. For fiscal year 2025, PayPal has reported total emissions of approximately 9.1 million kg CO2e for Scope 2 market-based emissions and approximately 21 million kg CO2e for Scope 3 business travel. For fiscal year 2024, the company's total emissions were approximately 478.1 million kg CO2e, comprising approximately 2.1 million kg CO2e of Scope 1 emissions and approximately 8.8 million kg CO2e of Scope 2 market-based emissions. Scope 3 emissions for FY24 were around 467 million kg CO2e, with purchased goods and services being the largest contributor at approximately 399 million kg CO2e. In fiscal year 2023, total emissions stood at approximately 515.1 million kg CO2e, including about 3.5 million kg CO2e of Scope 1 and approximately 9.8 million kg CO2e of Scope 2 market-based emissions. PayPal has set ambitious reduction targets. The company aims to reduce absolute operational GHG emissions (Scope 1 and 2) by 25% by 2025, using a 2019 base year. Furthermore, PayPal has committed to reducing its Scope 2 emissions by 50% from a 2019 baseline by 2025. More significantly, PayPal aims for an 85% reduction in absolute operational (Scope 1 and 2) GHG emissions by 2030, against a 2019 baseline, consistent with the GHG Protocol Market-Based Method. In alignment with Science Based Targets initiative (SBTi), PayPal has committed to reducing absolute Scope 1 and 2 GHG emissions by 25% by 2025 from a 2019 base year. They also aim to reduce absolute Scope 3 GHG emissions from fuel and energy-related activities by 25% over the same timeframe and ensure 75% of their suppliers by spend for purchased goods and services, capital goods, business travel, and upstream transportation and distribution will have science-based targets by 2025.

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Paypal’s Climate Goals (2030 & 2050)

1 goal

2030

85% reduction in all scopes

Reduce absolute operational (Scope 1 and 2) GHG emissions by 85% by 2030 (from a 2019 base year) (consistent with GHG Protocol MBM)

At risk85%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 1 climate goals

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Scope 3 top emissions categories

2 of 15 categories disclosed
Fuel & Energy Activities55%
Business Travel45%
Fuel & Energy Activities55%
Business Travel45%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2025 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Paypal logoPaypal
USFinancial Intermediation
29 days ago
78
Visa logoVisa
USFinancial Intermediation
4 days ago
100
View
Vodafone logoVodafone
GBPost and Telecommunications Services
5 days ago
100
View
Web Money Corp. logoWeb Money Corp.
JPServices Auxiliary to Financial Intermediation
27 days ago
100
View
American Express logoAmerican Express
USFinancial Intermediation
9 days ago
83
View
Mastercard logoMastercard
USFinancial Intermediation
11 days ago
79
View
Intuit logoIntuit
USComputer Services
18 days ago
77
View

Frequently asked questions

Common questions about Paypal’s sustainability data and climate commitments

PayPal's total carbon emissions for 2024 were approximately 478.1 million kg CO₂e. This figure includes about 2.1 million kg CO₂e from Scope 1 emissions and approximately 8.8 million kg CO₂e from Scope 2 market-based emissions. The vast majority, around 467 million kg CO₂e, came from Scope 3 emissions, primarily driven by purchased goods and services. This data highlights the significant impact of PayPal's supply chain on its overall carbon footprint.

Data year: 2024

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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Ditchcarbonv260629.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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