PhonePe Private Limited Sustainability Profile
PhonePe Private Limited, headquartered in India, is a leading player in the digital payments and financial services industry. Founded in 2015, the company has rapidly evolved, becoming a cornerstone of the Indian fintech landscape. With a focus on seamless online transactions, PhonePe offers a range of services including mobile recharges, utility bill payments, and money transfers, all powered by its user-friendly app. The platform stands out for its integration of Unified Payments Interface (UPI) technology, enabling instant and secure transactions. PhonePe has achieved significant milestones, including being one of the first companies to facilitate UPI payments on a large scale. As a market leader, it continues to expand its offerings, solidifying its position as a trusted name in digital finance across major operational regions in India.
DitchCarbon Score
How does PhonePe Private Limited'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 Telecommunications Services 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
PhonePe Private Limited's score of 18 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
PhonePe Private Limited's reported carbon emissions
PhonePe Private Limited, headquartered in India, currently does not have specific carbon emissions data available for recent years. As a current subsidiary, it inherits certain climate commitments and initiatives from its parent company, particularly through its relationship with Flipkart Online Services Pvt. Ltd. While there are no documented reduction targets or specific emissions figures, PhonePe is part of a broader corporate family that is engaged in sustainability efforts. The company is expected to align with industry standards and practices, potentially adopting initiatives such as RE100, which focuses on sourcing 100% renewable energy, as cascaded from Flipkart. In the absence of direct emissions data, PhonePe's climate commitments remain vague, but the company is likely to be influenced by the sustainability goals of its parent organisation. As the landscape of corporate climate action evolves, PhonePe may develop its own specific targets and initiatives in the future.
How Carbon Intensive is PhonePe Private Limited's Industry?
How Carbon Intensive is PhonePe Private Limited's Location?
PhonePe Private Limited'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.
PhonePe Private Limited 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.
