ProducePay
ProducePay, headquartered in the United States, is a leading financial technology company dedicated to transforming the fresh produce supply chain. Founded in 2014, the company has established itself as a pivotal player in the agricultural finance sector, providing innovative solutions that empower growers and distributors across North America and beyond. Specialising in supply chain financing, ProducePay offers unique services such as advance payments and risk management tools, enabling clients to optimise cash flow and mitigate market volatility. With a commitment to enhancing transparency and efficiency, ProducePay has garnered recognition for its significant contributions to the industry, positioning itself as a trusted partner for stakeholders in the fresh produce market.
DitchCarbon Score
How does ProducePay'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
ProducePay's score of 26 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ProducePay's reported carbon emissions
In 2023, ProducePay reported total carbon emissions of approximately 4,620,010 kg CO2e, encompassing Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 1,574,510 kg CO2e, while Scope 2 emissions totalled approximately 1,538,000 kg CO2e. The most significant contributor to their overall emissions was Scope 3, which reached around 1,512,500 kg CO2e. Within Scope 3, notable sources included business travel (approximately 400,000 kg CO2e), employee commuting (about 312,500 kg CO2e), purchased goods and services (around 600,000 kg CO2e), and waste generated in operations (approximately 200,000 kg CO2e). Despite the substantial emissions figures, ProducePay has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that while the company is aware of its emissions, it may still be in the early stages of formalising its climate commitments. As the industry increasingly prioritises sustainability, ProducePay's future actions will be crucial in aligning with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 1,574,510 |
| Scope 2 | 1,538,000 |
| Scope 3 | 1,512,500 |
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.
ProducePay 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.
