Zip Co
Zip Co, a leading player in the buy now, pay later (BNPL) industry, is headquartered in Australia and operates extensively across the Asia-Pacific region. Founded in 2013, the company has rapidly evolved, achieving significant milestones such as its listing on the Australian Securities Exchange in 2015. Zip Co offers innovative payment solutions that empower consumers and merchants alike, allowing for flexible payment options at the point of sale. Its core products, including Zip Pay and Zip Money, stand out for their user-friendly interface and transparent fee structures, catering to a diverse range of customers. With a strong market position, Zip Co has garnered recognition for its commitment to responsible lending and customer satisfaction, making it a trusted choice in the evolving financial landscape.
DitchCarbon Score
How does Zip Co'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
Zip Co's score of 23 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zip Co's reported carbon emissions
In 2023, Zip Co reported total carbon emissions of approximately 26,785,000 kg CO2e, with Scope 1 emissions at 0 kg CO2e, Scope 2 emissions at about 46,900 kg CO2e, and Scope 3 emissions making up the majority at approximately 26,738,100 kg CO2e. This marked a significant increase in total emissions compared to 2022, where total emissions were about 10,503,400 kg CO2e. For 2024, Zip Co's emissions are projected to be around 23,143,100 kg CO2e, with Scope 1 emissions remaining at 0 kg CO2e, Scope 2 emissions decreasing to about 6,200 kg CO2e, and Scope 3 emissions accounting for approximately 23,136,900 kg CO2e. Despite the fluctuations in emissions, there are currently no disclosed reduction targets or climate pledges from Zip Co, indicating a potential area for improvement in their climate commitments. The company operates within a global context where many organisations are increasingly setting science-based targets to reduce their carbon footprints.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 8,100 | 0,000 | - | - |
| Scope 2 | 192,100 | 000,000 | 00,000 | 0,000 |
| Scope 3 | 10,303,200 | 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.
Zip Co 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.
