PayPal Australia Pty Limited, a subsidiary of the global online payment giant PayPal Holdings, Inc., is headquartered in Australia and operates extensively across the Asia-Pacific region. Founded in 1998, PayPal has revolutionised the digital payments landscape, offering a secure platform for online transactions, money transfers, and e-commerce solutions. With a focus on facilitating seamless payments for consumers and businesses alike, PayPal's core services include digital wallets, merchant services, and payment processing. Its unique features, such as buyer protection and instant transfers, set it apart in the competitive fintech industry. As a leader in the online payment sector, PayPal Australia continues to achieve significant milestones, solidifying its position as a trusted choice for millions of users seeking reliable and efficient payment solutions.
How does PayPal Australia Pty Limited'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 Services Auxiliary to 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.
PayPal Australia Pty Limited's score of 73 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PayPal Australia Pty Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported emissions figures. The company is a current subsidiary of PayPal Holdings, Inc., and any relevant emissions data or climate commitments would be cascaded from this parent organisation. PayPal Holdings, Inc. has made significant climate commitments, including initiatives aligned with the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for PayPal Australia Pty Limited are not detailed in the available information. As part of its broader corporate family, PayPal Australia is expected to adhere to the sustainability and climate strategies set forth by PayPal Holdings, Inc., which may include commitments to reduce emissions across various scopes. Nonetheless, without specific data or targets for PayPal Australia, the details remain vague. In summary, while PayPal Australia Pty Limited is part of a larger organisation with climate initiatives, it currently lacks specific emissions data and defined reduction targets at the local level.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,445,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 63,188,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,838,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
PayPal Australia Pty Limited's Scope 3 emissions, which decreased by 8% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
PayPal Australia Pty Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.