Paytm
Paytm, officially known as One97 Communications Limited, is a leading digital payments and financial services platform headquartered in Noida, India. Founded in 2010, Paytm has rapidly evolved to become a significant player in the fintech industry, offering a diverse range of services including mobile recharges, bill payments, and e-commerce solutions. With a strong presence across major Indian cities, Paytm has distinguished itself through its user-friendly mobile app and innovative payment solutions, such as Paytm Wallet and Paytm Payments Bank. The company has achieved notable milestones, including being one of the first to introduce QR code payments in India, solidifying its position as a pioneer in the digital payments landscape. As a trusted brand, Paytm continues to drive financial inclusion and digital transformation in the region.
DitchCarbon Score
How does Paytm'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 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.
Industry Benchmark
Paytm's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paytm's reported carbon emissions
In 2024, Paytm reported total carbon emissions of approximately 68,000,490 kg CO2e, comprising 536,490 kg CO2e from Scope 1, 2,527,270 kg CO2e from Scope 2, and a significant 65,869,730 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to 2023, where the company recorded approximately 6,365,430 kg CO2e, with 4,150,420 kg CO2e from Scope 1 and 2,125,010 kg CO2e from Scope 2. Paytm has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any targets from parent or related organisations. The absence of Scope 3 emissions data in previous years indicates a potential area for future reporting and improvement. Overall, while Paytm has made strides in emissions reporting, the lack of defined reduction targets suggests an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 4,344,560 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 1,185,420 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Paytm is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
