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 48 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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StoneCo Ltd's reported carbon emissions
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, 519,860 kg CO2e from Scope 2, and a significant 25,225,770 kg CO2e from Scope 3 emissions. Notably, the Scope 1 emissions saw a reduction of 4.75% compared to 2023, reflecting the company's commitment to lowering its carbon footprint. For the previous year, 2023, the total emissions were about 33,872,910 kg CO2e, with Scope 1 emissions at approximately 8,766,560 kg CO2e, Scope 2 at 433,230 kg CO2e, and Scope 3 at around 11,366,010 kg CO2e. In 2022, the total emissions were about 20,315,600 kg CO2e, with Scope 1 emissions of approximately 7,522,210 kg CO2e, Scope 2 at 378,420 kg CO2e, and Scope 3 at about 4,886,470 kg CO2e. StoneCo Ltd has not set specific Science-Based Targets Initiative (SBTi) reduction targets but is actively working on reducing its emissions, particularly in Scope 1. The company’s climate commitments are evident in its ongoing efforts to track and reduce emissions across all scopes, demonstrating a proactive approach to sustainability in the financial technology sector.
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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 |
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 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.
