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 54% 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 previous year. The Scope 3 emissions remained consistent at 65,869,730 kg CO2e across both years. Paytm has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has not cascaded emissions data from any parent organisation, indicating that all reported figures are derived directly from its own operations. Overall, while Paytm's emissions data reflects a substantial carbon footprint, the absence of defined reduction targets suggests an opportunity for the company to enhance its climate commitments 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 | 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.
