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Financial Intermediation
GB
updated 7 months ago

Remitly U.k., Ltd

Company website

Remitly U.K., Ltd., a prominent player in the digital remittance industry, is headquartered in Great Britain. Founded in 2011, the company has rapidly expanded its operations across key regions, providing innovative money transfer solutions to customers worldwide. Specialising in fast and secure international money transfers, Remitly offers unique services such as express and economy transfer options, catering to diverse customer needs. The platform stands out for its user-friendly interface and competitive exchange rates, making it a preferred choice for individuals sending money abroad. With a strong market position, Remitly has achieved significant milestones, including millions of successful transactions and a growing customer base. As a trusted name in remittances, Remitly U.K., Ltd. continues to redefine the way people send money across borders.

DitchCarbon Score

How does Remitly U.k., Ltd'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.

25

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.

30

Industry Benchmark

Remitly U.k., Ltd's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Remitly U.k., Ltd's reported carbon emissions

Remitly U.K., Ltd, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Remitly Global, Inc., which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from Remitly U.K., Ltd. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy. Given the lack of direct emissions data, it is important to note that Remitly U.K., Ltd. may be aligned with broader corporate sustainability efforts from its parent company, Remitly Global, Inc. However, without specific figures or targets, the company's individual climate commitments remain unclear. In summary, Remitly U.K., Ltd. has not yet disclosed its carbon emissions or specific climate commitments, indicating a potential area for future development in sustainability practices.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Remitly U.k., Ltd'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 Remitly U.k., Ltd is in GB, which has a low 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.

Remitly U.k., Ltd 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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