Zip Co

Zip Co's reported carbon emissions

Zip Co, headquartered in Australia and operating in financial intermediation services (excluding insurance and pension funding), has reported its carbon emissions for recent fiscal years. For the fiscal year 2024, Zip Co's total emissions were approximately 23,143,100 kg CO2e. This figure comprises Scope 2 emissions of about 6,200 kg CO2e (market-based) and Scope 3 emissions totalling approximately 23,136,900 kg CO2e. Scope 1 emissions data was not available for this period. In fiscal year 2023, the company's total emissions stood at approximately 26,785,000 kg CO2e. Scope 2 emissions were around 46,900 kg CO2e (market-based), while Scope 3 emissions accounted for approximately 26,738,100 kg CO2e. Scope 1 emissions were not disclosed. For fiscal year 2022, Zip Co reported total emissions of roughly 10,503,400 kg CO2e, including Scope 2 emissions of approximately 192,100 kg CO2e (market-based) and Scope 3 emissions of about 10,303,200 kg CO2e. Scope 1 emissions were not reported. In fiscal year 2021, total emissions were approximately 4,288,960 kg CO2e, with Scope 1 emissions at 0 kg CO2e, Scope 2 emissions at about 43,530 kg CO2e, and Scope 3 emissions at approximately 4,245,460 kg CO2e. Zip Co has set emissions reduction targets, aiming for a 24.0% reduction by fiscal year 2024, with a baseline set in fiscal year 2023. These targets encompass all scopes of emissions. The company's reporting for Scope 3 emissions often notes missing data for purchased goods and services. There are no reported Science Based Targets initiative (SBTi) reduction targets for Zip Co.