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 26 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
WorldRemit Ltd's reported carbon emissions
In 2021, WorldRemit Ltd reported total carbon emissions of approximately 60,300 kg CO2e, with Scope 1 emissions at about 21,500 kg CO2e, Scope 2 emissions at around 38,500 kg CO2e, and minimal Scope 3 emissions of 250 kg CO2e. This marked a significant reduction from previous years, particularly from 2019 when total emissions were approximately 28,931,000 kg CO2e. The company's emissions have shown a downward trend over the years, with total emissions decreasing from about 56,442,000 kg CO2e in 2015 to the latest figure in 2021. Notably, Scope 1 emissions decreased from approximately 12,400,000 kg CO2e in 2015 to 21,500 kg CO2e in 2021, and Scope 2 emissions dropped from about 33,344,000 kg CO2e to 38,500 kg CO2e in the same period. Despite these reductions, WorldRemit has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a rapidly evolving industry context, where digital financial services are increasingly scrutinised for their environmental impact.
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Get Started| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 12,400,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 |
| Scope 2 | 33,344,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000 | 00,000 |
| Scope 3 | 10,698,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00 | 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 committed to any reduction initiatives 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.
