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 83% 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 66,869,736 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 marked a notable increase in Scope 1 emissions compared to 2023, where they were about 4,150,420 kg CO2e, while Scope 2 emissions rose from approximately 2,125,010 kg CO2e. Paytm has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its environmental impact. The absence of defined reduction targets suggests that while Paytm is aware of its carbon footprint, it may still be in the early stages of formalising 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 |
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.
