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 47 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Solaris reported total carbon emissions of approximately 13,575,000 kg CO2e from Scope 1 and 13,762,000 kg CO2e from Scope 2, resulting in combined emissions of about 27,337,000 kg CO2e. This marks a slight increase from 2023, where emissions were approximately 13,615,000 kg CO2e for Scope 1 and 14,448,000 kg CO2e for Scope 2, totalling around 28,061,000 kg CO2e. Solaris has set ambitious targets to reduce its carbon footprint by 60% by 2027 for both Scope 1 and Scope 2 emissions, starting from 2023 levels. This commitment reflects the company's proactive approach to climate action and aligns with industry standards for sustainability. The emissions data is not cascaded from any parent organisation, ensuring that Solaris's reported figures are independently sourced. The company is actively working towards these reduction goals, demonstrating a commitment to mitigating its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,270 | 00,000,000 | 00,000,000 |
| Scope 2 | 83,250 | 00,000,000 | 00,000,000 |
| Scope 3 | 11,360 | - | - |
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 participating in some 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.
