Paypal
PayPal Holdings, Inc., commonly known as PayPal, is a leading player in the digital payments industry, headquartered in the United States. Founded in 1998, the company has revolutionised online transactions, providing a secure platform for individuals and businesses to send and receive money globally. With a strong presence in North America, Europe, and Asia, PayPal has established itself as a trusted name in e-commerce. The company offers a range of core services, including online payment processing, mobile payments, and peer-to-peer money transfers, distinguished by its user-friendly interface and robust security features. Notable milestones include its acquisition of Braintree and Venmo, further solidifying its market position. PayPal's commitment to innovation and customer satisfaction has earned it a reputation as a pioneer in the fintech sector, making it an essential tool for millions of users worldwide.
DitchCarbon Score
How does Paypal'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
Paypal's score of 79 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paypal's reported carbon emissions
In 2024, PayPal reported total carbon emissions of approximately 496,000 kg CO2e, comprising Scope 1 emissions of about 2,100 kg CO2e, Scope 2 emissions of about 8,800 kg CO2e (market-based), and a significant 485,100 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown includes 399,000 kg CO2e from purchased goods and services, 26,000 kg CO2e from capital goods, and 12,300 kg CO2e from business travel. PayPal has set ambitious climate commitments, aiming to reduce its absolute operational greenhouse gas (GHG) emissions by 25% by 2025, using 2019 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company aims for a 50% reduction in Scope 1 emissions and a 50% reduction in Scope 2 emissions by the same year. Furthermore, PayPal is committed to reducing its Scope 3 emissions from fuel and energy-related activities by 25% and ensuring that 75% of its suppliers by spend have science-based targets by 2025. These initiatives reflect PayPal's commitment to sustainability and its proactive approach to addressing climate change, aligning with industry standards for emissions reduction.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,445,000 | 0,000,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 |
| Scope 2 | 63,188,000 | 00,000,000 | 00,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000 |
| Scope 3 | 20,838,000 | - | 00,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Paypal is participating in some 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.
