NETS
NETS, officially known as Nets Group, is a leading payment service provider headquartered in Norway. Established in 2010, the company has rapidly expanded its operations across the Nordic region, offering innovative payment solutions tailored for businesses of all sizes. Specialising in digital payments, NETS provides a comprehensive suite of services, including card processing, e-invoicing, and fraud prevention. Their unique approach combines cutting-edge technology with a deep understanding of customer needs, ensuring secure and efficient transactions. Recognised for its market leadership, NETS has achieved significant milestones, including strategic partnerships and acquisitions that enhance its service offerings. With a commitment to driving digital transformation in the payments industry, NETS continues to set the standard for excellence in payment solutions across Europe.
DitchCarbon Score
How does NETS'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
NETS's score of 60 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NETS's reported carbon emissions
In 2020, NETS reported total carbon emissions of approximately 6,090,700 kg CO2e. This figure includes 1,666,300 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 3,660,500 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, NETS' Scope 3 emissions, which encompass all other indirect emissions, amounted to 765,600 kg CO2e. Comparatively, in 2019, NETS' total emissions were about 7,840,200 kg CO2e, with Scope 1 emissions at 1,411,400 kg CO2e, Scope 2 emissions at 4,720,300 kg CO2e, and Scope 3 emissions at 2,272,300 kg CO2e. This indicates a significant reduction in total emissions from 2019 to 2020. NETS is committed to ambitious climate targets, aiming for zero emissions by 2040. The company plans to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. These targets are part of a broader commitment to decarbonisation, inherited from its parent company, Nexi S.p.A., which is responsible for setting these strategic climate initiatives. As a current subsidiary of Nets Norway AS, NETS aligns its climate commitments with those of its parent organisation, ensuring a cohesive approach to sustainability and emissions reduction across its operations.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 1,411,400 | 0,000,000 |
| Scope 2 | 4,720,300 | 0,000,000 |
| Scope 3 | 2,272,300 | 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.
NETS 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.
