PicPay Bank - Banco Múltiplo S.A. Sustainability Profile
PicPay Bank - Banco Múltiplo S.A., headquartered in Brazil, is a prominent player in the fintech industry, revolutionising digital payments and banking services. Founded in 2012, PicPay has rapidly expanded its operations across major Brazilian regions, offering a unique blend of financial solutions tailored for both individuals and businesses. The bank's core offerings include a digital wallet, payment processing, and credit services, distinguished by their user-friendly interface and innovative features. PicPay's commitment to enhancing financial inclusion has positioned it as a leader in the Brazilian market, boasting millions of active users and significant transaction volumes. With a focus on technology-driven solutions, PicPay continues to set benchmarks in the evolving landscape of digital banking.
DitchCarbon Score
How does PicPay Bank - Banco Múltiplo S.A.'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
PicPay Bank - Banco Múltiplo S.A.'s score of 26 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PicPay Bank - Banco Múltiplo S.A.'s reported carbon emissions
PicPay Bank - Banco Múltiplo S.A., headquartered in Brazil, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that PicPay Bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial sector increasingly prioritises sustainability, it will be essential for PicPay Bank to consider developing and communicating its climate commitments to align with industry standards and expectations.
How Carbon Intensive is PicPay Bank - Banco Múltiplo S.A.'s Industry?
How Carbon Intensive is PicPay Bank - Banco Múltiplo S.A.'s Location?
PicPay Bank - Banco Múltiplo S.A.'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.
PicPay Bank - Banco Múltiplo S.A. 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.
