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 70% 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 33,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 8,350,160 kg CO2e, which includes mobile combustion (approximately 8,261,780 kg CO2e) and fugitive emissions (about 82,930 kg CO2e). Scope 2 emissions totalled around 519,860 kg CO2e, primarily from purchased electricity (approximately 222,880 kg CO2e). The most significant contribution came from Scope 3 emissions, which reached about 25,225,770 kg CO2e, with notable sources including business travel (approximately 2,728,180 kg CO2e) and employee commuting (about 5,171,890 kg CO2e). Comparatively, in 2023, the company reported total emissions of approximately 33,872,910 kg CO2e, with Scope 1 emissions at about 8,766,560 kg CO2e and Scope 2 emissions at around 433,230 kg CO2e. Scope 3 emissions for that year were approximately 11,366,010 kg CO2e. StoneCo Ltd achieved a significant reduction in its Scope 1 emissions, reporting a 4.75% decrease from 2023 to 2024. This commitment to reducing emissions reflects the company's ongoing efforts to address climate change and improve sustainability practices. The emissions data is not cascaded from any parent organization, indicating that StoneCo Ltd independently reports its carbon footprint and climate commitments.
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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.
