Edenred
Edenred, a global leader in digital payment solutions, is headquartered in France and operates extensively across Europe, Latin America, and Asia. Founded in 1962, the company has evolved significantly, marking key milestones such as its IPO in 2010 and the acquisition of various fintech firms to enhance its service offerings. Specialising in employee benefits, expense management, and incentive solutions, Edenred's core products include meal vouchers, gift cards, and mobility solutions. What sets Edenred apart is its innovative digital platforms that streamline transactions and enhance user experience. With a strong market position, Edenred serves millions of users and partners with thousands of businesses, solidifying its reputation as a trusted provider in the employee benefits and corporate services industry.
DitchCarbon Score
How does Edenred'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
Edenred's score of 83 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edenred's reported carbon emissions
In 2024, Edenred reported total carbon emissions of approximately 122,140,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 114,041,000 kg CO2e. Scope 1 emissions were approximately 6,649,000 kg CO2e, while Scope 2 emissions totalled about 1,449,000 kg CO2e. This data reflects a slight increase from 2023, where total emissions were about 110,382,000 kg CO2e. Edenred has set ambitious climate commitments, aiming for a 51.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, the company targets a 55% reduction in Scope 3 emissions per million EUR value added within the same timeframe. Long-term goals include achieving net-zero emissions across all scopes by 2050, with a 90% reduction in absolute Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and demonstrate Edenred's commitment to addressing climate change through measurable and science-based strategies. The company has made progress towards its near-term goals, with a reported 26% reduction in emissions intensity compared to 2013 by 2022, and aims for a further 52% reduction by 2030.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 6,228,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,868,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 0,000,000 | 0,000,000 | - | 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.
Edenred 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.
