PayPal, Inc. Sustainability Profile
PayPal, Inc., a leading player in the digital payments industry, is headquartered in the United States and operates globally, with a strong presence in North America, Europe, and Asia. Founded in 1998, PayPal has revolutionised online transactions, enabling individuals and businesses to send and receive money securely and efficiently. The company offers a range of core services, including online payment processing, mobile payments, and peer-to-peer money transfers, distinguished by their user-friendly interface and robust security features. PayPal's innovative solutions, such as One Touch and PayPal Credit, have solidified its market position, making it a preferred choice for millions of users worldwide. With a commitment to enhancing financial inclusion, PayPal continues to achieve significant milestones, maintaining its status as a trusted leader in the fintech sector.
DitchCarbon Score
How does PayPal, Inc.'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.
Industry Average
Mean score of companies in the Business Services 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.
Industry Benchmark
PayPal, Inc.'s score of 82 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, PayPal, Inc. does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is a current subsidiary of PayPal Holdings, Inc., which may influence its climate commitments and reporting practices. PayPal Holdings, Inc. has made various climate commitments, although specific reduction targets or achievements for PayPal, Inc. are not detailed. The company is involved in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from its parent organisation, PayPal Holdings, Inc. This suggests a commitment to aligning with industry standards for climate action, although specific targets or metrics are not provided. Overall, while PayPal, Inc. currently lacks specific emissions data, it is part of a broader corporate family that is engaged in climate initiatives, reflecting a commitment to sustainability and carbon reduction in the financial technology sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,400,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 57,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,800,000 | 00,000,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is PayPal, Inc.'s Industry?
How Carbon Intensive is PayPal, Inc.'s Location?
PayPal, Inc.'s Scope 3 Categories Breakdown
PayPal, Inc.'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.
Top Scope 3 Categories
PayPal, Inc.'s Climate Goals (2030 & 2050)
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, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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