Worldpay Sustainability Profile
Worldpay, a leading global payment processing company headquartered in Great Britain, has been at the forefront of the fintech industry since its inception in 1989. With a strong presence in North America, Europe, and Asia-Pacific, Worldpay offers a comprehensive suite of payment solutions tailored for businesses of all sizes. The company is renowned for its innovative technology, enabling seamless transactions across various platforms, including online, in-store, and mobile payments. Worldpay's unique approach to payment processing, combined with its robust security measures, positions it as a trusted partner for merchants worldwide. As a pioneer in the payments landscape, Worldpay has achieved significant milestones, including its merger with Vantiv in 2017, solidifying its status as a market leader. With a commitment to enhancing customer experience and driving digital transformation, Worldpay continues to shape the future of payment solutions.
DitchCarbon Score
How does Worldpay'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
Worldpay's score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Worldpay's reported carbon emissions
In 2022, Worldpay reported total carbon emissions of approximately 13,914,100 kg CO2e. This figure encompasses emissions across all scopes, with Scope 1 emissions at 980,390 kg CO2e, Scope 2 emissions at 1,537,880 kg CO2e, and Scope 3 emissions significantly higher at 11,395,830 kg CO2e. Notably, the majority of Scope 3 emissions stem from business travel, accounting for about 8,546,810 kg CO2e, followed by employee commute at approximately 2,039,610 kg CO2e. Despite the substantial emissions, Worldpay has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. There are no commitments reported under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies suggests a need for enhanced climate action within the organisation. Worldpay's emissions data is not cascaded from any parent company, indicating that these figures are independently reported. As a leading player in the payment processing industry, Worldpay's climate commitments and emissions management will be crucial in aligning with global sustainability goals.
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| 2022 | |
|---|---|
| Scope 1 | 980,390 |
| Scope 2 | 1,537,880 |
| Scope 3 | 11,395,830 |
How Carbon Intensive is Worldpay's Industry?
How Carbon Intensive is Worldpay's Location?
Worldpay's Scope 3 Categories Breakdown
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 "Business Travel" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
Worldpay'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.
Worldpay has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
