Travelex Global Business Payments Limited (France) Sustainability Profile
Travelex Global Business Payments Limited, commonly referred to as Travelex, is a leading provider of international payment solutions headquartered in France. Established in 1979, the company has evolved to serve a diverse clientele across Europe and beyond, specialising in foreign exchange and cross-border payment services. Travelex offers a range of core products, including global payment services, foreign currency accounts, and risk management solutions, distinguished by their commitment to transparency and competitive pricing. With a strong market position, Travelex has achieved notable milestones, including the expansion of its digital platforms, which enhance customer experience and streamline transactions. As a trusted partner in the financial services industry, Travelex continues to innovate, ensuring businesses can navigate the complexities of global trade with confidence.
DitchCarbon Score
How does Travelex Global Business Payments Limited (France)'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 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
Travelex Global Business Payments Limited (France)'s score of 24 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Travelex Global Business Payments Limited (France) currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The company is a current subsidiary of The Western Union Company, which means that any relevant emissions data or climate commitments may be inherited from this parent organization. As part of its climate strategy, Travelex Global Business Payments Limited (France) is aligned with initiatives from The Western Union Company, which has set various sustainability goals. However, specific reduction targets or commitments from Travelex itself are not documented. The company does not appear to have established Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges at this time. Given the lack of direct emissions data and specific commitments, it is essential to monitor future disclosures from Travelex Global Business Payments Limited (France) for any updates on their carbon footprint and climate action initiatives.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 4,828,000 | 0,000,000 |
| Scope 2 | 7,297,000 | 0,000,000 |
| Scope 3 | 828,000 | - |
How Carbon Intensive is Travelex Global Business Payments Limited (France)'s Industry?
How Carbon Intensive is Travelex Global Business Payments Limited (France)'s Location?
Travelex Global Business Payments Limited (France)'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 6% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Travelex Global Business Payments Limited (France)'s Climate Goals (2030 & 2050)
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.
Travelex Global Business Payments Limited (France) 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.
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