Form3

Sustainability Report and Carbon Intensity Rankings

Is Form3 doing their part?

Their DitchCarbon score is 51

Form3 has a DitchCarbon Score of 51 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of the greenhouse gases emitted relative to the value of their output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Form3 is a company in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Form3 operates in the United Kingdom, a region with a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with their energy consumption.
0.17%

...this company is doing 0.17% better in emissions than the industry average.

Form3, founded in 2016 and based in London, operates within the finance sector, offering innovative cloud-based payment processing and clearing services. Catering to a diverse clientele that includes banks, fintechs, and other financial institutions, the company specializes in facilitating seamless transactions through its advanced payment engine. By leveraging their expertise and technology, Form3 provides cost-effective solutions that help clients navigate the complexities of modern financial systems and regulatory demands.

Bad news, Form3 hasn't committed to SBTi goals yet

Form3 has committed to the Science Based Targets initiative (SBTi) by aligning its carbon reduction strategies with climate science. This means the company is dedicated to setting and achieving specific targets to significantly reduce greenhouse gas emissions across its operations and value chain.

There’s always room for improvement,

DitchCarbon recommends...

Form3 should consider implementing green procurement policies to source low-carbon energy and services, which could potentially reduce their emissions by 30%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.