Stone Instituição de Pagamento S.A. Sustainability Profile
Stone Instituição de Pagamento S.A., commonly referred to as Stone, is a prominent financial technology company headquartered in Brazil. Founded in 2014, Stone has rapidly established itself as a key player in the payments industry, primarily serving small to medium-sized enterprises across the country. The company offers a range of innovative payment solutions, including point-of-sale systems, payment processing, and financial services, distinguished by their user-friendly interfaces and robust security features. Stone's commitment to enhancing the customer experience has positioned it as a leader in the Brazilian market, with significant achievements in expanding its operational footprint throughout major regions in Brazil. With a focus on technology-driven solutions, Stone continues to redefine the landscape of digital payments, making it a vital partner for businesses seeking to optimise their financial transactions.
DitchCarbon Score
How does Stone Instituição de Pagamento S.A.'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
Stone Instituição de Pagamento S.A.'s score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stone Instituição de Pagamento S.A., headquartered in Brazil, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of StoneCo Ltd., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from Stone Instituição de Pagamento S.A. itself, it is important to note that emissions data and performance metrics may be inherited from its parent company, StoneCo Ltd. This cascading of data occurs at a level 2 relationship, meaning that any climate commitments or performance metrics from StoneCo Ltd. could potentially reflect on Stone Instituição de Pagamento S.A. As of now, the company has not established specific science-based targets (SBTi) or documented any significant reduction initiatives. The lack of emissions data and reduction targets suggests that Stone Instituição de Pagamento S.A. may still be in the early stages of developing its climate strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 7,522,210 | 0,000,000 | 0,000,000 |
| Scope 2 | 378,420 | 000,000 | 000,000 |
| Scope 3 | 4,886,470 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Stone Instituição de Pagamento S.A.'s Industry?
How Carbon Intensive is Stone Instituição de Pagamento S.A.'s Location?
Stone Instituição de Pagamento S.A.'s Scope 3 Categories Breakdown
Stone Instituição de Pagamento S.A.'s Scope 3 emissions, which increased by 122% last year and increased by approximately 416% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 21% of Scope 3 emissions.
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Stone Instituição de Pagamento S.A.'s Climate Goals (2030 & 2050)
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.
Stone Instituição de Pagamento S.A. 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.
