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Services Auxiliary to Financial Intermediation
US
updated 7 months ago

Xoom Corporation

Company website

Xoom Corporation, a subsidiary of PayPal, is a leading digital remittance service headquartered in the United States. Founded in 2001, Xoom has established itself as a key player in the financial technology industry, specialising in fast and secure money transfers across the globe. With a strong presence in major operational regions including North America, Latin America, and parts of Asia, Xoom offers a unique blend of services that cater to the needs of individuals and businesses alike. The company’s core offerings include international money transfers, bill payments, and mobile top-ups, all designed to provide users with a seamless experience. Xoom's commitment to speed and reliability has earned it a notable position in the market, with millions of customers relying on its services for their financial transactions. As a pioneer in the digital remittance space, Xoom continues to innovate, ensuring that sending money abroad is both convenient and efficient.

DitchCarbon Score

How does Xoom Corporation'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.

82

Industry Average

Mean score of companies in the Services Auxiliary to 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.

31

Industry Benchmark

Xoom Corporation's score of 82 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Xoom Corporation's reported carbon emissions

Inherited from PayPal Holdings, Inc.

Xoom Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is a current subsidiary of PayPal Holdings, Inc., which has established significant climate commitments and reduction targets that may influence Xoom's environmental strategies. As part of its corporate family, Xoom inherits climate initiatives from PayPal, which has set science-based targets through the Science Based Targets initiative (SBTi) and participates in the Carbon Disclosure Project (CDP). These initiatives aim to reduce greenhouse gas emissions across various scopes, including Scope 1, 2, and 3 emissions, although specific figures for Xoom are not available. While Xoom Corporation has not outlined its own reduction targets or climate pledges, it is positioned within a corporate structure that prioritises sustainability and climate action. The cascading of climate commitments from PayPal Holdings, Inc. suggests a framework for future emissions reporting and reduction initiatives that Xoom may adopt.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201920202021202220232024
Scope 1
9,445,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
63,188,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
Scope 3
20,838,000
-
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Xoom Corporation's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Xoom Corporation is in US, which has a low grid carbon intensity relative to other regions.

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.

Xoom Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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