StoneCo Ltd
StoneCo Ltd., commonly referred to as Stone, is a leading financial technology company headquartered in São Paulo, Brazil. Founded in 2012, Stone has rapidly established itself in the payments processing industry, primarily serving small to medium-sized enterprises across Brazil and other Latin American markets. The company offers a range of innovative products and services, including point-of-sale solutions, payment processing, and financial management tools, all designed to enhance the customer experience and streamline business operations. Stone's unique approach combines technology with personalised service, setting it apart from traditional payment processors. With a strong market position, Stone has achieved significant milestones, including a successful IPO in 2018, and continues to expand its footprint in the fintech sector, making it a key player in the evolving landscape of digital payments.
DitchCarbon Score
How does StoneCo 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.
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.
Industry Benchmark
StoneCo Ltd's score of 33 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
StoneCo Ltd's reported carbon emissions
In 2023, StoneCo Ltd reported total carbon emissions of approximately 11.37 million tonnes CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions amounted to about 8.77 million tonnes CO2e, primarily from mobile combustion (approximately 8.63 million tonnes CO2e). Scope 2 emissions were reported at around 250,250 tonnes CO2e, while Scope 3 emissions reached approximately 11.37 million tonnes CO2e, with notable sources including employee commute (about 6.45 million tonnes CO2e) and business travel (approximately 3.08 million tonnes CO2e). In 2022, the company recorded total emissions of about 9.24 million tonnes CO2e, indicating an increase in emissions in 2023. Despite this rise, there are currently no publicly stated reduction targets or initiatives from StoneCo Ltd, which suggests a need for enhanced climate commitments in line with industry standards. The absence of specific reduction goals highlights an opportunity for the company to align with global climate action efforts and improve its sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
|---|---|---|
| Scope 1 | 7,522,210 | 0,000,000 |
| Scope 2 | 146,500 | 000,000 |
| Scope 3 | 4,886,470 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
StoneCo Ltd 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.
