WageWorks
WageWorks, Inc., a leading provider of consumer-directed benefits, is headquartered in the United States and operates extensively across North America. Founded in 2000, the company has established itself in the benefits administration industry, focusing on health and wellness solutions that empower employees to manage their healthcare expenses effectively. WageWorks offers a range of core services, including Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), and commuter benefits, distinguished by their user-friendly technology and comprehensive support. The company has achieved significant milestones, including strategic partnerships and innovative product enhancements, solidifying its position as a trusted partner for employers seeking to enhance employee satisfaction and engagement. With a commitment to improving the employee experience, WageWorks continues to lead the market in consumer-directed benefits, making it a notable player in the industry.
DitchCarbon Score
How does WageWorks'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
WageWorks's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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WageWorks, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of HealthEquity, Inc., which may influence its climate commitments and reporting practices. As of now, WageWorks has not established any documented reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or other climate pledges. This lack of specific commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction targets, it is essential for WageWorks to consider adopting industry-standard climate initiatives to enhance its sustainability profile and align with broader corporate responsibility trends.
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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.
WageWorks is not participating in any of the initiatives that 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.
