VOCALINK
Vocalink, a leading payment systems provider headquartered in Great Britain, has been at the forefront of the financial technology industry since its inception in 2007. Specialising in the development and operation of innovative payment solutions, Vocalink plays a crucial role in the UK’s payment infrastructure, particularly with its renowned Faster Payments Service and Bacs payment systems. With a strong presence across the UK and Europe, Vocalink has established itself as a key player in the digital payments landscape. The company is recognised for its unique ability to facilitate seamless, real-time transactions, enhancing the efficiency of payment processing for banks and businesses alike. Notable achievements include its pivotal role in the UK’s transition to instant payments, solidifying its market position as a trusted partner in the evolving financial ecosystem.
DitchCarbon Score
How does VOCALINK'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
VOCALINK's score of 8 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
VOCALINK's reported carbon emissions
In 2023, VOCALINK reported total carbon emissions of approximately 4,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 66,000 kg CO2e, primarily from fugitive emissions. Scope 3 emissions were significantly higher, totalling approximately 3,934,000 kg CO2e, which included business travel (849,000 kg CO2e), employee commute (398,000 kg CO2e), purchased goods and services (2,347,000 kg CO2e), waste generated in operations (15,000 kg CO2e), and fuel and energy-related activities (784,000 kg CO2e). In 2022, VOCALINK's emissions were approximately 6,000,000 kg CO2e, indicating a notable reduction in emissions year-on-year. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. VOCALINK's greenhouse gas intensity improved from 0.044 MTCO2e/£ revenue in 2022 to 0.032 MTCO2e/£ revenue in 2023, reflecting a positive trend in emissions efficiency. As the company continues to assess its carbon footprint, further transparency and commitment to reduction strategies will be essential for enhancing its climate impact.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | 00,000 |
| Scope 2 | - | - |
| Scope 3 | 6,495,000 | 0,000,000 |
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.
VOCALINK is not committed to any reduction initiatives 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.
