Travelex Holdings Limited Sustainability Profile
Travelex Holdings Limited, a leading foreign exchange specialist, is headquartered in Great Britain and operates extensively across Europe, North America, and Asia. Founded in 1976, Travelex has established itself as a pioneer in the currency exchange industry, offering a range of services that include international money transfers, travel money, and foreign currency exchange. With a commitment to innovation, Travelex provides unique solutions such as its online currency ordering and delivery service, catering to both individual travellers and businesses. The company has achieved significant milestones, including being one of the first to introduce a global network of currency exchange services. As a market leader, Travelex continues to enhance its position through strategic partnerships and a focus on customer-centric solutions, making it a trusted name in the foreign exchange sector.
DitchCarbon Score
How does Travelex Holdings Limited'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 Business Services 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 Holdings Limited's score of 26 is lower than 54% 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 Holdings Limited's reported carbon emissions
Travelex Holdings Limited, headquartered in Great Britain, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of emissions figures. The company is classified as a current subsidiary and inherits its climate-related data from its parent organization, but no specific emissions data or reduction targets have been provided. Travelex has not outlined any formal climate commitments or reduction initiatives, such as Science-Based Targets (SBTi) or other industry-standard pledges. As a result, there are no documented achievements in emissions reduction or specific targets to report. In the context of the financial services industry, where Travelex operates, there is an increasing emphasis on sustainability and carbon footprint reduction. Companies are encouraged to adopt transparent reporting practices and set ambitious targets to mitigate their environmental impact. However, without specific data or commitments from Travelex Holdings Limited, it remains unclear how the company plans to address its carbon emissions moving forward.
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Travelex Holdings Limited'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 Holdings Limited 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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