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 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Paytm's reported carbon emissions
In 2023, Paytm reported total carbon emissions of approximately 6,270,430 kg CO2e, comprising 4,150,420 kg CO2e from Scope 1 and 2,125,010 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. In 2024, emissions increased significantly, with total emissions reaching about 68,000,000 kg CO2e, including 536,490 kg CO2e from Scope 1, 2,527,270 kg CO2e from Scope 2, and a substantial 65,869,730 kg CO2e from Scope 3. This indicates a notable reliance on indirect emissions, which are often the largest component for many companies. Despite these figures, Paytm has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The absence of documented reduction initiatives suggests that while emissions are being tracked, a structured approach to reducing them may still be in development. Overall, Paytm's emissions data highlights the importance of addressing both direct and indirect emissions as part of their climate commitments moving forward.
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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 committed to any reduction initiatives 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.
