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Public Profile
Financial Intermediation
IN
updated 3 months ago

Razorpay

Company website

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.

DitchCarbon Score

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.

14

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.

27

Industry Benchmark

Razorpay's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Razorpay's reported carbon emissions

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, and no emissions data has been cascaded from a parent or related organisation. This indicates a potential opportunity for Razorpay to enhance its sustainability efforts and align with industry standards for carbon reduction. In the context of the broader industry, many companies are increasingly adopting Science-Based Targets Initiative (SBTi) frameworks and committing to net-zero goals. Razorpay may benefit from establishing clear emissions reduction strategies and reporting mechanisms to contribute to global climate efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Razorpay's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for Razorpay is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Razorpay is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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