Zip
Zip, officially known as Zip Co Limited, is a leading player in the financial technology sector, headquartered in the United States. Founded in 2013, the company has rapidly expanded its operations across major regions, including North America, Australia, and New Zealand. Specialising in buy now, pay later (BNPL) solutions, Zip offers consumers flexible payment options that enhance their purchasing power while promoting responsible spending. With a commitment to innovation, Zip has introduced unique features such as instant credit approvals and seamless integration with various retail partners. The company has established a strong market position, recognised for its user-friendly platform and customer-centric approach. Notable achievements include significant partnerships and a growing user base, solidifying Zip's reputation as a trusted alternative to traditional credit options in the evolving fintech landscape.
DitchCarbon Score
How does Zip'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 Computer Services 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
Zip's score of 13 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zip's reported carbon emissions
In 2023, Zip reported total carbon emissions of approximately 26,785,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 26,738,100 kg CO2e. Scope 2 emissions were reported at approximately 46,900 kg CO2e (market-based) and 205,500 kg CO2e (location-based). The following year, 2024, saw a reduction in total emissions to about 23,143,100 kg CO2e, with Scope 3 emissions still dominating at approximately 23,136,900 kg CO2e, while Scope 2 emissions decreased to about 6,200 kg CO2e (market-based) and 140,700 kg CO2e (location-based). Despite these figures, Zip has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company’s emissions data indicates a commitment to monitoring and potentially reducing its carbon footprint, but further details on strategic initiatives or long-term goals remain unspecified.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 46,900 | 0,000 |
| Scope 3 | 26,738,100 | 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.
Zip 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.
