Razorpay, a leading fintech company headquartered in India, has revolutionised the online payment landscape since its inception in 2014. With a strong presence across major operational regions in India, Razorpay focuses on providing comprehensive payment solutions for businesses of all sizes. The company offers a suite of core products, including payment gateways, subscription billing, and automated reconciliation, all designed to streamline financial transactions. What sets Razorpay apart is its commitment to innovation, enabling seamless integration with various platforms and a user-friendly interface. Recognised as a market leader, Razorpay has achieved significant milestones, including securing substantial funding and expanding its services to cater to the evolving needs of the digital economy. With a robust reputation for reliability and efficiency, Razorpay continues to empower businesses to thrive in the competitive fintech industry.
How does Razorpay'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 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.
Razorpay's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Razorpay, headquartered in India, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The absence of emissions data suggests that the company may still be in the early stages of formalising its climate commitments. As of now, there are no specific climate pledges or targets outlined by Razorpay, indicating a potential opportunity for the organisation to enhance its sustainability strategy. Without inherited emissions data from a parent company or corporate family, Razorpay's climate impact remains unquantified. In the context of the industry, many companies are increasingly adopting Science-Based Targets (SBTi) and committing to net-zero emissions, which could serve as a benchmark for Razorpay as it develops its own climate action framework.
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.
Razorpay 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.
