PNC Merchant Services Company Sustainability Profile
PNC Merchant Services Company, a subsidiary of PNC Financial Services Group, is a leading provider of payment processing solutions headquartered in the United States. Established in 1852, PNC has evolved to serve a diverse clientele across various industries, including retail, hospitality, and e-commerce, with a strong presence in major operational regions throughout the country. Specialising in innovative payment solutions, PNC Merchant Services offers a range of core products, including credit card processing, mobile payment solutions, and point-of-sale systems. What sets them apart is their commitment to customer service and advanced technology, ensuring seamless transactions for businesses of all sizes. With a solid market position and a reputation for reliability, PNC Merchant Services continues to achieve notable milestones in the financial services industry, making it a trusted partner for merchants seeking efficient payment solutions.
DitchCarbon Score
How does PNC Merchant Services Company'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
PNC Merchant Services Company's score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PNC Merchant Services Company, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of The PNC Financial Services Group, Inc., any emissions data or climate commitments would be inherited from this parent organisation. The PNC Financial Services Group, Inc. has engaged in various climate initiatives, including participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative. However, specific reduction targets or achievements for PNC Merchant Services Company are not detailed in the available information. As a part of its corporate family, PNC Merchant Services Company aligns with broader sustainability efforts, but without specific emissions data or reduction targets, the company's individual climate commitments remain unclear.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 23,767,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 112,544,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 16,467,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is PNC Merchant Services Company's Industry?
How Carbon Intensive is PNC Merchant Services Company's Location?
PNC Merchant Services Company's Scope 3 Categories Breakdown
PNC Merchant Services Company's Scope 3 emissions, which increased by 35% last year and increased by approximately 380% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
PNC Merchant Services Company'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.
PNC Merchant Services Company 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.
