Swedbank PayEx Holding AB, commonly referred to as PayEx, is a prominent financial services provider headquartered in Sweden. Established in 1972, the company has evolved to become a key player in the payment solutions industry, primarily serving the Nordic region and expanding its reach across Europe. PayEx offers a comprehensive suite of services, including payment processing, invoicing, and financing solutions, tailored to meet the needs of businesses and consumers alike. Its innovative approach to digital payments and commitment to security set it apart in a competitive market. With a strong market position, PayEx has achieved significant milestones, including partnerships with major retailers and a growing portfolio of clients. The company continues to lead the way in providing seamless, efficient payment solutions that enhance the customer experience.
How does Swedbank PayEx Holding AB'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 Services Auxiliary to 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.
Swedbank PayEx Holding AB's score of 66 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swedbank PayEx Holding AB, headquartered in Sweden (SE), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Swedbank AB (publ), which may influence its climate commitments and reporting practices. As part of its corporate family relationship, Swedbank PayEx Holding AB inherits climate initiatives and targets from Swedbank AB (publ). However, there are no documented reduction targets or climate pledges available for Swedbank PayEx Holding AB at this time. This lack of specific data suggests that the company may still be in the process of establishing its own emissions reporting framework or climate strategy. In the broader context, Swedbank AB (publ) is known for its commitment to sustainability and may have initiatives that indirectly support Swedbank PayEx Holding AB's climate objectives. However, without specific emissions data or reduction targets, it is challenging to provide a detailed overview of Swedbank PayEx Holding AB's carbon footprint or climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 881,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 16,583,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 19,893,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
Swedbank PayEx Holding AB's Scope 3 emissions, which increased significantly last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 329% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Swedbank PayEx Holding AB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.