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OrganisationsPaypal
Paypal logo

Paypal

Financial IntermediationUnited StatesNASDAQ: PYPL
Last verified 2 months 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.

79
DitchCarbon score

+42 vs industry average

Paypal’s score of 79 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

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2028

000.0M000.0M000.0M000.0M0

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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 carbon emissions data for the financial year 2025 indicates a Scope 2 market-based total of approximately 9,100,000 kg CO2e, alongside Scope 1 emissions of approximately 2,100,000 kg CO2e and Scope 3 emissions including business travel at approximately 20,100,000 kg CO2e and fuel and energy-related activities at approximately 24,300,000 kg CO2e.

In 2024, PayPal reported total emissions of approximately 478,100,000 kg CO2e, comprising Scope 1 emissions of about 2,100,000 kg CO2e, Scope 2 market-based emissions of approximately 8,800,000 kg CO2e, and Scope 3 emissions totalling approximately 467,000,000 kg CO2e. Key contributors to Scope 3 in 2024 included purchased goods and services at approximately 399,000,000 kg CO2e and capital goods at approximately 26,000,000 kg CO2e.

For 2023, PayPal's total emissions were approximately 515,100,000 kg CO2e. This included Scope 1 at about 3,500,000 kg CO2e, Scope 2 market-based at approximately 9,800,000 kg CO2e, and Scope 3 emissions of approximately 502,000,000 kg CO2e, with purchased goods and services accounting for a significant portion at roughly 431,000,000 kg CO2e.

In 2022, total emissions were approximately 517,100,000 kg CO2e, with Scope 1 at about 3,900,000 kg CO2e, Scope 2 market-based at approximately 6,700,000 kg CO2e, and Scope 3 at approximately 507,000,000 kg CO2e.

PayPal has set several reduction targets. The company aims to reduce absolute operational GHG emissions by 25% by 2025, using a 2019 baseline year. This target applies to Scope 1 and Scope 2 emissions. Furthermore, PayPal committed to reducing its Scope 1 and 2 operational GHG emissions by 85% by 2030, relative to a 2019 baseline year. This aligns with Science Based Targets initiative (SBTi) commitments for 1.5°C warming pathways. Additionally, PayPal aims for 75% of its suppliers by spend, covering purchased goods and services, capital goods, business travel, and upstream transportation and distribution, to 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

See details
Not 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
2 months ago
79
Apple, Inc. logoApple, Inc.
USElectronic Computer Manufacturing
10 days ago
100
View
Alphabet logoAlphabet
USComputer Services
5 days ago
91
View
Meta Platforms, Inc. logoMeta Platforms, Inc.
USComputer Services
2 days ago
84
View
Amazon logoAmazon
USElectronic Shopping and Mail-Order Houses
6 days ago
58
View
Global Payments logoGlobal Payments
USServices Auxiliary to Financial Intermediation
12 hours ago
51
View
Squarespace logoSquarespace
USComputer Services
5 days ago
46
View

Frequently asked questions

Common questions about Paypal’s sustainability data and climate commitments

PayPal's approximate total carbon emissions for 2024 are around 515 million kg of CO₂e. This includes roughly 3.9 million kg from Scope 1, about 79 million kg from Scope 2, and nearly 431 million kg from Scope 3, mainly from purchased goods and services. These figures reflect the company's ongoing efforts to measure and disclose its environmental impact across all operational scopes. The data indicates a significant portion of emissions originate from upstream supply chain activities, highlighting areas for potential reduction and transparency for stakeholders interested in Paypal's 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?

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