Paytm Sustainability Profile
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 51% 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 Scope 1 emissions from 4,150,420 kg CO2e in 2023, while Scope 2 emissions also rose from 2,125,010 kg CO2e in the same year. The Scope 3 emissions remained consistent at 65,869,730 kg CO2e across both years. Paytm has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions as per the Science Based Targets initiative (SBTi) or other recognised frameworks. The company’s emissions data is not cascaded from any parent organisation, and all figures are independently reported. Overall, while Paytm has made strides in transparency regarding its emissions, the absence of defined reduction initiatives highlights an area for potential improvement in its climate strategy.
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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 | 00,000,000 |
How Carbon Intensive is Paytm's Industry?
How Carbon Intensive is Paytm's Location?
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.
