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 about 8,766,560 kg CO2e from Scope 1, primarily from mobile combustion, and approximately 250,250 kg CO2e from Scope 2, related to electricity consumption. Scope 3 emissions were significant, totalling around 11,366,040 kg CO2e, with major contributions from employee commuting (about 6,453,790 kg CO2e) and business travel (approximately 3,084,580 kg CO2e). In 2022, the company had reported total emissions of about 4,886,470 kg CO2e in Scope 3, indicating a substantial increase in emissions year-on-year. Despite this rise, StoneCo Ltd has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The company continues to operate within the global context of increasing corporate responsibility towards climate change, yet lacks defined strategies for emissions reduction.
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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.
