WePay, a subsidiary of JPMorgan Chase, is a leading payment processing platform headquartered in the United States. Founded in 2008, the company has established itself as a key player in the fintech industry, specialising in integrated payments for marketplaces, software platforms, and small businesses. With a focus on providing seamless payment solutions, WePay offers unique services such as customisable APIs and advanced fraud protection, catering to the diverse needs of its clients. The company has achieved significant milestones, including its acquisition by JPMorgan Chase in 2017, which has further solidified its market position. Operating primarily in North America, WePay continues to innovate within the payment processing landscape, making it a trusted choice for businesses seeking reliable and efficient payment solutions.
How does WePay'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.
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.
WePay's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
WePay, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The company is a current subsidiary of WePay Inc., and its climate commitments and performance metrics are influenced by its parent organisation, JPMorgan Chase & Co., which operates at a cascade level of three. While WePay has not established its own reduction targets or specific climate pledges, it is part of a broader corporate family that is engaged in sustainability initiatives. The emissions data and climate strategies from JPMorgan Chase Bank, National Association, which operates at a cascade level of two, may provide insights into the environmental commitments that could indirectly affect WePay's operations. As of now, WePay's climate commitments remain unspecified, and there are no documented reduction initiatives or targets. The company is positioned within an industry context that increasingly prioritises carbon neutrality and sustainability, reflecting a growing trend among financial services to address climate change.
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.
WePay 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.