StoneCo Ltd
StoneCo Ltd., a prominent player in the financial technology sector, is headquartered in Great Britain and operates extensively across Brazil. Founded in 2012, the company has rapidly established itself as a leader in providing integrated payment solutions and financial services tailored for merchants of all sizes. StoneCo's core offerings include point-of-sale systems, payment processing, and software solutions that enhance the customer experience. What sets StoneCo apart is its commitment to innovation and customer-centric services, which have garnered significant market share in the competitive fintech landscape. With a strong focus on empowering businesses through technology, StoneCo has achieved notable milestones, including a successful IPO in 2018. The company continues to solidify its position as a trusted partner for merchants, driving growth and efficiency in the evolving digital economy.
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 83% 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 11,366,040 kg CO2e, with emissions distributed across various scopes. The breakdown includes 8,766,560 kg CO2e from Scope 1, primarily from mobile combustion, and 250,250 kg CO2e from Scope 2, related to electricity consumption. Scope 3 emissions were significant, amounting to 11,366,040 kg CO2e, with major contributions from employee commuting (6,453,790 kg CO2e) and business travel (3,084,580 kg CO2e). In 2022, the company had total emissions of about 4,886,470 kg CO2e in Scope 3, alongside 7,522,210 kg CO2e in Scope 1 and 231,920 kg CO2e in Scope 2. This indicates a notable increase in emissions from 2022 to 2023, particularly in Scope 3 categories. Despite the increase in emissions, StoneCo Ltd has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a sector that is increasingly focused on sustainability and carbon footprint reduction, highlighting the importance of establishing clear climate commitments moving forward.
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| 2022 | 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.
