Solaris, officially known as Solaris Group, is a prominent player in the financial technology sector, headquartered in Germany. Founded in 2016, the company has rapidly established itself as a leader in providing innovative banking and payment solutions, primarily serving the European market. With a focus on digital banking, Solaris offers a range of core products and services, including banking-as-a-service and payment processing solutions. Their unique approach combines cutting-edge technology with regulatory compliance, enabling businesses to seamlessly integrate financial services into their platforms. Recognised for its commitment to innovation, Solaris has achieved significant milestones, including partnerships with major fintech companies and a growing client base across Europe. This positions Solaris as a key contributor to the evolving landscape of digital finance, making it a trusted choice for businesses seeking reliable and scalable financial solutions.
How does Solaris'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.
Solaris's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Solaris reported total carbon emissions of approximately 7,001,110 kg CO2e globally. This figure includes 3,490 kg CO2e from Scope 1 emissions, 29,170 kg CO2e from Scope 2 emissions, and a significant 6,376,090 kg CO2e from Scope 3 emissions, which encompasses categories such as business travel and purchased goods and services. In Germany, Solaris's emissions were notably low, with only 20 kg CO2e reported for Scope 1 and 2 combined. This reflects the company's commitment to minimising its carbon footprint in its headquarters region. Despite the substantial overall emissions, Solaris has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction strategies suggests a need for further development in their sustainability approach. Overall, Solaris's emissions data highlights both the challenges and opportunities in addressing climate change, particularly in the context of its global operations.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 3,490 | 00,000 |
Scope 2 | 29,170 | 00,000 |
Scope 3 | 6,376,090 | 0,000,000 |
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.
Solaris 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.