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WEX Inc., widely recognised as WEX, is a premier global financial technology service provider headquartered in Portland, Maine, USA. Established in 1983, WEX operates extensively across North America, Europe, Asia Pacific, and Australia, delivering innovative solutions within the computer and related services industry.
The company specialises in comprehensive payment solutions across its core business areas: fleet, corporate payments, and health. WEX’s unique offerings, including advanced fuel and fleet management cards, virtual payment platforms, and health savings account administration, simplify complex financial transactions. WEX stands out for its technological integration, streamlining expense management and operational efficiency for businesses worldwide.
30
DitchCarbon score
-8 vs industry average
Wex’s score of 30 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Computer Services has below-average carbon intensity
Industry performance
0.246
20182025
The Computer Services industry has reduced its overall emissions by 11% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Wex's reported carbon emissions
Wex, a US-based computer and related services company, reported Scope 1 emissions of 219,000 kg CO2e and Scope 2 (market-based) emissions of 4,182,000 kg CO2e in 2024. For 2023, its Scope 1 emissions were 1,246,000 kg CO2e and Scope 2 (market-based) emissions were 3,204,000 kg CO2e. In 2022, Scope 1 emissions were 1,506,000 kg CO2e and Scope 2 (market-based) emissions were 4,151,000 kg CO2e.
Wex aims to achieve net-zero emissions for Scope 1 and Scope 2 by 2050. The company also reported an approximate 46.0% reduction in absolute Scope 1 and Scope 2 emissions between 2019 and 2023. Wex currently discloses Scope 1 and Scope 2 emissions but does not report on Scope 3 emissions, including categories like purchased goods and services, business travel, and employee commute.
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Wex’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Wex12 days ago
30
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