Web Money Corp. Sustainability Profile
Web Money Corp., a prominent player in the digital payment industry, is headquartered in Japan (JP) and has established a significant presence across Asia. Founded in 1999, the company has evolved to become a leader in online payment solutions, catering to both consumers and businesses. Specialising in electronic money services, Web Money offers a range of products, including prepaid cards and digital wallets, which are designed to facilitate secure and efficient transactions. Its unique approach to user security and convenience has garnered a loyal customer base. With a strong market position, Web Money Corp. has achieved notable milestones, including partnerships with various e-commerce platforms, enhancing its reputation as a reliable payment provider. The company continues to innovate, ensuring it remains at the forefront of the rapidly evolving fintech landscape.
DitchCarbon Score
How does Web Money Corp.'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 Services Auxiliary to 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
Web Money Corp.'s score of 93 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Web Money Corp., headquartered in Japan, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of KDDI Corporation, which influences its climate commitments and initiatives. While Web Money Corp. has not set its own reduction targets, it inherits sustainability initiatives from KDDI Corporation, which is actively engaged in various climate-related efforts. These include participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are aimed at reducing carbon footprints and promoting renewable energy usage. As a subsidiary, Web Money Corp. aligns with KDDI Corporation's broader climate strategies, although specific targets or achievements at the subsidiary level have not been disclosed. The company is committed to supporting its parent organisation's sustainability goals, contributing to a collective effort towards reducing greenhouse gas emissions and addressing climate change.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,846,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 948,612,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,161,559,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Web Money Corp.'s Industry?
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Web Money Corp.'s Scope 3 Categories Breakdown
Web Money Corp.'s Scope 3 emissions, which decreased by 5% last year and increased by approximately 20% since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
Top Scope 3 Categories
Web Money Corp.'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.
Web Money Corp. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
