WorldRemit Ltd
WorldRemit Ltd., headquartered in Great Britain, is a leading player in the digital remittance industry, specialising in international money transfers. Founded in 2010, the company has rapidly expanded its operations across key regions, including Europe, North America, Africa, and Asia, establishing a strong presence in over 130 countries. WorldRemit offers a range of services, including online money transfers, mobile top-ups, and bill payments, all designed to provide a secure and convenient alternative to traditional cash-based remittance methods. Its unique platform allows users to send money instantly via their smartphones or computers, making it a preferred choice for millions of customers worldwide. With a commitment to innovation and customer satisfaction, WorldRemit has achieved significant milestones, including numerous awards for its services and technology. As a pioneer in the digital remittance space, the company continues to shape the future of international money transfers.
DitchCarbon Score
How does WorldRemit Ltd'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
WorldRemit Ltd's score of 17 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
WorldRemit Ltd's reported carbon emissions
In 2019, WorldRemit Ltd reported total carbon emissions of approximately 28,931,000 kg CO2e. This figure includes Scope 1 emissions of about 6,600,000 kg CO2e, primarily from mobile combustion (approximately 5,615,000 kg CO2e) and stationary combustion (about 985,000 kg CO2e). Scope 2 emissions accounted for around 6,172,000 kg CO2e, while Scope 3 emissions were significant at approximately 17,433,000 kg CO2e, with business travel contributing about 14,439,000 kg CO2e. Comparatively, emissions in previous years were higher, with 48,603,000 kg CO2e in 2018 and 53,922,000 kg CO2e in 2017, indicating a downward trend in total emissions. However, WorldRemit has not set specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The company has disclosed emissions across all three scopes, demonstrating transparency in its reporting. Despite the lack of formal reduction commitments, the decreasing emissions trend suggests a potential commitment to improving its carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Scope 1 | 12,400,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 33,344,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 10,698,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
WorldRemit Ltd 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.
