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.
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.
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.
StoneCo Ltd's score of 48 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, StoneCo Ltd reported total carbon emissions of approximately 33,800,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes about 8,350,160 kg CO2e from Scope 1, which encompasses direct emissions from mobile combustion (about 8,261,780 kg CO2e), fugitive emissions (about 82,930 kg CO2e), and stationary combustion (about 5,450 kg CO2e). Scope 2 emissions, primarily from purchased electricity, totalled approximately 519,860 kg CO2e. Notably, Scope 3 emissions were significant, amounting to about 25,225,770 kg CO2e, with major contributions from business travel (approximately 2,728,180 kg CO2e) and employee commuting (about 5,171,890 kg CO2e). In comparison, the previous year, 2023, saw total emissions of about 33,872,910 kg CO2e, with Scope 1 emissions at approximately 8,766,560 kg CO2e, Scope 2 at about 433,230 kg CO2e, and Scope 3 at around 11,366,010 kg CO2e. This indicates a reduction of about 4.75% in Scope 1 emissions from 2023 to 2024, reflecting StoneCo Ltd's commitment to lowering its carbon footprint. StoneCo Ltd has not set specific Science-Based Targets Initiative (SBTi) reduction targets but is actively working on reducing its emissions through documented initiatives. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from StoneCo Ltd.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 participating in any 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.