Public Profile

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.

26

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.

6

Industry Benchmark

PicPay Instituição de Pagamento S.A.'s score of 26 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

PicPay Instituição de Pagamento S.A.'s reported carbon emissions

PicPay Instituição de Pagamento S.A., headquartered in Brazil, currently does not have publicly available data regarding its carbon emissions or specific climate commitments. As such, there are no reported figures for emissions in kg CO2e, nor are there defined reduction targets or initiatives outlined in their sustainability strategy. In the absence of specific emissions data, it is important to note that many companies in the financial technology sector are increasingly focusing on sustainability and climate action. This often includes commitments to reduce carbon footprints, engage in carbon offsetting, and align with global climate frameworks. However, without concrete information from PicPay, it is unclear what specific measures or targets they may have in place. As the industry evolves, it is anticipated that PicPay may adopt more transparent practices regarding their environmental impact and climate commitments in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PicPay Instituição de Pagamento S.A.'s primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. PicPay Instituição de Pagamento S.A. is headquartered in BR, which has a rank of very low, indicating very low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers