Radius, officially known as Radius Payment Solutions, is a leading provider of fuel card services and telematics solutions, headquartered in Germany. Established in 1990, the company has expanded its operations across Europe, with a significant presence in the UK and other key markets. Specialising in fuel management and fleet services, Radius offers innovative products that streamline operations for businesses of all sizes. Their unique fuel card solutions provide enhanced control over fuel expenses, while their telematics services deliver valuable insights into fleet performance. With a strong market position, Radius has achieved notable milestones, including strategic partnerships and a growing customer base, solidifying its reputation as a trusted partner in the transport and logistics industry.
How does Radius'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.
Mean score of companies in the Business Services 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.
Radius's score of 6 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Radius reported total carbon emissions of approximately 251,413,000 kg CO2e, which includes Scope 1 emissions of about 142,217,000 kg CO2e, Scope 2 emissions of approximately 3,916,000 kg CO2e (market-based), and significant Scope 3 emissions from purchased goods and services, amounting to about 5,500,000,000 kg CO2e. The company has made strides in reducing its emissions intensity in previous years, with a reported CO2e emissions intensity of 160 kg CO2e per tonne in 2022, down from 1910 kg CO2e per metric ton of crude steel produced in 2021. However, there are currently no specific reduction targets or climate pledges disclosed by Radius, indicating a potential area for future commitment and improvement in their climate strategy. Overall, Radius's emissions profile highlights the significant impact of Scope 3 emissions, which are critical for the iron and steel industry, and underscores the importance of comprehensive climate action in line with industry standards.
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Add to project2024 | |
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Scope 1 | 142,217,000 |
Scope 2 | 3,916,000 |
Scope 3 | 5,500,000,000 |
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.
Radius 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.