VocaLink Holdings Limited Sustainability Profile
VocaLink Holdings Limited, a prominent player in the financial technology sector, is headquartered in Great Britain. Founded in 2003, the company has established itself as a leader in payment systems, providing innovative solutions that enhance the efficiency of electronic payments. VocaLink operates primarily in the UK and Europe, focusing on real-time payment processing and infrastructure services. The company is renowned for its core products, including the Faster Payments Service and Bacs payment systems, which facilitate seamless transactions for banks and businesses alike. VocaLink's unique approach to payment technology has positioned it as a trusted partner for financial institutions, contributing to its strong market presence. With a commitment to innovation and security, VocaLink continues to shape the future of digital payments, making significant strides in the industry.
DitchCarbon Score
How does VocaLink 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 Computer 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
VocaLink Holdings Limited's score of 86 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VocaLink Holdings Limited, headquartered in Great Britain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Mastercard Incorporated, which cascades its climate commitments and initiatives down to VocaLink. Mastercard has set ambitious climate targets, including commitments to reduce emissions across its operations. These initiatives are part of a broader strategy to achieve sustainability and address climate change. VocaLink's climate commitments are aligned with those of Mastercard, which include participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all aimed at promoting transparency and accountability in carbon emissions reduction. As a subsidiary, VocaLink benefits from Mastercard's established climate strategies, although specific reduction targets or achievements for VocaLink itself have not been disclosed. The company's commitment to sustainability is reflected in its alignment with Mastercard's overarching climate goals, which focus on reducing Scope 1, 2, and 3 emissions across its global operations.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,486,000 | 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 2 | 94,728,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 849,277,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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VocaLink Holdings Limited's Scope 3 Categories Breakdown
VocaLink Holdings Limited's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 45% 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 "Purchased Goods and Services" being the largest emissions source at 85% of Scope 3 emissions.
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VocaLink 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.
VocaLink 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.
