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Computer Services
CA
updated 15 days ago

Wave Financial Inc.

Company website

Wave Financial Inc., commonly known as Wave, is a leading financial technology company headquartered in California. Founded in 2010, Wave has established itself as a key player in the accounting and financial services industry, primarily serving small businesses and freelancers across North America. Wave offers a suite of unique products, including free accounting software, invoicing tools, and payment processing solutions, designed to simplify financial management for entrepreneurs. Its user-friendly platform stands out for its accessibility and comprehensive features, making it an invaluable resource for those seeking to streamline their financial operations. With a strong market position, Wave has garnered millions of users and received accolades for its innovative approach to financial technology, solidifying its reputation as a trusted partner for small business owners navigating their financial journeys.

DitchCarbon Score

How does Wave Financial Inc.'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.

33

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.

30

Industry Benchmark

Wave Financial Inc.'s score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Wave Financial Inc.'s reported carbon emissions

Inherited from H&R Block, Inc.

Wave Financial Inc., headquartered in California, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of H&R Block, Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges from Wave Financial Inc. itself, it is important to note that emissions data and performance metrics may be inherited from its parent company, H&R Block, Inc. This relationship suggests that any climate initiatives or targets may align with those set by H&R Block, although specific details are not provided. As a part of the broader financial services industry, Wave Financial Inc. is likely to be influenced by increasing regulatory and societal pressures to address climate change, which may lead to future commitments or disclosures. However, without specific data or targets, the company's current climate strategy remains unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2023
Scope 1
22,028,000
Scope 2
50,331,000
Scope 3
30,594,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Wave Financial Inc.'s primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Wave Financial Inc. is in CA, which has a low grid carbon intensity relative to other regions.

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.

Wave Financial Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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