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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.
+44 vs industry average
Paypal’s score of 81 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
PayPal's latest reported emissions data for 2025 shows Scope 1 emissions of 2,100,000 kg CO2e, Scope 2 market-based emissions of 9,100,000 kg CO2e, and partial Scope 3 emissions, including 20,100,000 kg CO2e from business travel and 24,300,000 kg CO2e from fuel and energy-related activities. It is noted that Scope 3 purchased goods and services data is missing for this year.
For 2024, PayPal reported total emissions of 478,100,000 kg CO2e, with Scope 1 emissions at 2,100,000 kg CO2e, and Scope 2 market-based emissions at 8,800,000 kg CO2e. Scope 3 emissions for 2024 totalled 467,000,000 kg CO2e, including 399,000,000 kg CO2e from purchased goods and services, 26,000,000 kg CO2e from capital goods, 18,000,000 kg CO2e from employee commute, 12,300,000 kg CO2e from business travel, 7,200,000 kg CO2e from fuel and energy-related activities, and 5,000,000 kg CO2e from upstream transportation and distribution.
PayPal Holdings, Inc. has set several climate commitments. It aims to reduce absolute Scope 1 and 2 GHG emissions by 25% by 2025, from a 2019 base year. There are also commitments to reduce Scope 1 and 2 emissions by 50% and even 80% by 2025 from a 2019 baseline, as well as an 85% reduction in absolute operational (Scope 1 and 2) GHG emissions by 2030 from a 2019 base year. The company also commits to reducing absolute Scope 3 GHG emissions from fuel and energy-related activities by 25% by 2025. Furthermore, PayPal Holdings, Inc. has committed that 75% of its suppliers by spend covering purchased goods and services, capital goods, business travel, and upstream transportation and distribution will have science-based targets by 2025. These targets are consistent with reductions required to keep global warming to 1.5°C and are approved by the Science Based Targets initiative (SBTi). PayPal also has a long-term pledge to achieve net-zero GHG emissions across its company-wide operations and value chain by 2040.
Access structured emission data, company specific factors and auditable source documents
2025
25% reduction in Scope 2
PayPal Holdings, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 25% by 2025 from a 2019 base year. PayPal Holdings, Inc. commit…
2025
25% reduction in scope 3 total
PayPal Holdings, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 25% by 2025 from a 2019 base year. PayPal Holdings, Inc. commit…
2025
25% reduction in Scope 1
PayPal Holdings, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 25% by 2025 from a 2019 base year. PayPal Holdings, Inc. commit…
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Common questions about Paypal’s sustainability data and climate commitments
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