NETS Sustainability Profile
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 64 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, a reduction from about 7,840,200 kg CO2e in 2019. The emissions breakdown for 2020 includes 1,666,300 kg CO2e from Scope 1, 3,660,500 kg CO2e from Scope 2, and 765,600 kg CO2e from Scope 3. This data is cascaded from its parent company, Nexi S.p.A., reflecting NETS's commitment to transparency in its environmental impact. NETS has set 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. This commitment underscores NETS's dedication to decarbonisation and aligns with industry standards for climate action. As a current subsidiary of Nexi S.p.A., NETS's climate initiatives are part of a broader corporate strategy to enhance sustainability and reduce carbon footprints 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 |
How Carbon Intensive is NETS's Industry?
How Carbon Intensive is NETS's Location?
NETS's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
NETS has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
