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PicPay Instituição de Pagamento S.A.
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.
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.
PicPay Instituição de Pagamento S.A. 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.
