PicPay Instituição de Pagamento S.A. Sustainability Profile
PicPay Instituição de Pagamento S.A., commonly known as PicPay, is a leading Brazilian payment institution headquartered in Vitória, Espírito Santo. Founded in 2012, PicPay has rapidly established itself in the fintech industry, primarily focusing on digital payments, mobile wallets, and financial services tailored for both consumers and merchants. The company offers a unique platform that allows users to make payments, transfer money, and access various financial products seamlessly. With its innovative approach, PicPay has garnered millions of users across Brazil, positioning itself as a key player in the digital payment landscape. Notable achievements include significant user growth and partnerships with major retailers, solidifying its market presence and reputation for reliability and convenience.
DitchCarbon Score
How does PicPay Instituição de Pagamento 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 Services Auxiliary to 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 Instituição de Pagamento S.A.'s score of 26 is lower than 58% 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 Instituição de Pagamento S.A.'s reported carbon emissions
PicPay Instituição de Pagamento S.A., headquartered in Brazil, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a current subsidiary, PicPay's climate commitments and emissions data may be influenced by its corporate family relationships, but no specific initiatives or targets have been cascaded from a parent organisation. The lack of emissions data and reduction initiatives suggests that PicPay has yet to establish a formal framework for addressing its carbon footprint or climate impact. In the broader context of the payment industry, companies are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon emissions. However, without specific commitments or data, it remains unclear how PicPay aligns with these industry trends.
How Carbon Intensive is PicPay Instituição de Pagamento S.A.'s Industry?
How Carbon Intensive is PicPay Instituição de Pagamento S.A.'s Location?
PicPay Instituição de Pagamento 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 Instituição de Pagamento 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.
