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 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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WorldRemit Ltd's reported carbon emissions
WorldRemit Ltd, headquartered in Great Britain, reported a total carbon emissions of approximately 28,931,000 kg CO2e in 2019. This figure includes 6,600,000 kg CO2e from Scope 1 emissions, 6,172,000 kg CO2e from Scope 2 emissions, and 16,159,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. In the preceding years, the company demonstrated a significant reduction in emissions. For instance, in 2015, total emissions were about 56,442,000 kg CO2e, which indicates a reduction of approximately 49% over four years. The breakdown for 2015 included 12,400,000 kg CO2e from Scope 1, 33,344,000 kg CO2e from Scope 2, and 10,698,000 kg CO2e from Scope 3. Despite these reductions, WorldRemit has not publicly disclosed specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company has made progress in reducing its carbon footprint, it may not have formalised commitments to further emissions reductions in the future.
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| 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.
