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.
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.
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.
WorldRemit Ltd's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, Scope 2 emissions of approximately 6,172,000 kg CO2e, and significant Scope 3 emissions totalling around 16,159,000 kg CO2e, with business travel accounting for about 14,439,000 kg CO2e. Comparatively, emissions in previous years were higher, with 2018 emissions at approximately 48,603,000 kg CO2e and 2017 emissions at about 53,922,000 kg CO2e. This indicates a notable reduction in emissions over the years, although specific reduction targets or initiatives have not been disclosed. WorldRemit has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The company operates independently without cascading emissions data from a parent organization, ensuring that its reported figures reflect its own operational impact. Overall, while WorldRemit Ltd has made strides in reducing its carbon footprint, further commitments and structured targets could enhance its climate strategy moving forward.
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 |
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.