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Public Profile
Financial Intermediation
IN
updated 3 months ago

Paytm Sustainability Profile

Company website

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.

32

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.

32

Industry Benchmark

Paytm's score of 32 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Paytm's reported carbon emissions

In 2024, Paytm reported total carbon emissions of approximately 68,000,000 kg CO2e, comprising 536,490 kg CO2e from Scope 1, 2,527,270 kg CO2e from Scope 2, and 65,869,730 kg CO2e from Scope 3 emissions. This reflects a significant increase in Scope 1 emissions compared to 2023, where total emissions were approximately 66,000,000 kg CO2e, with Scope 1 at 4,150,420 kg CO2e and Scope 2 at 2,125,010 kg CO2e, while Scope 3 remained constant at 65,869,730 kg CO2e. Paytm has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, indicating that its reported figures are independently sourced. Overall, while Paytm has made strides in emissions reporting, the lack of defined reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability in the future.

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Access structured emissions data, company-specific emission factors, and source documents

2021202220232024
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
00,000,000

How Carbon Intensive is Paytm's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paytm's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Paytm's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Paytm is in IN, which has a very high grid carbon intensity relative to other regions.

Paytm'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.

Paytm 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Paytm's Emissions with Industry Peers

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Triotech Solutions Pvt. Ltd.

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Updated 17 days ago

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Where does DitchCarbon data come from?

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