Solaris
Solaris, officially known as Solaris Group, is a prominent player in the financial technology sector, headquartered in Germany. Founded in 2016, the company has rapidly established itself as a leader in providing innovative banking and payment solutions, primarily serving the European market. With a focus on digital banking, Solaris offers a range of core products and services, including banking-as-a-service and payment processing solutions. Their unique approach combines cutting-edge technology with regulatory compliance, enabling businesses to seamlessly integrate financial services into their platforms. Recognised for its commitment to innovation, Solaris has achieved significant milestones, including partnerships with major fintech companies and a growing client base across Europe. This positions Solaris as a key contributor to the evolving landscape of digital finance, making it a trusted choice for businesses seeking reliable and scalable financial solutions.
DitchCarbon Score
How does Solaris'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
Solaris's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Solaris's reported carbon emissions
In 2023, Solaris reported total carbon emissions of approximately 9,130,390 kg CO2e, with emissions distributed across various scopes: 29,470 kg CO2e (Scope 1), 88,950 kg CO2e (Scope 2), and a significant 9,106,970 kg CO2e (Scope 3). The Scope 3 emissions were primarily driven by purchased goods and services, which accounted for about 8,738,670 kg CO2e. Solaris has set ambitious reduction targets, aiming to decrease its carbon footprint by 60% for both Scope 1 and Scope 2 emissions by 2027, starting from the 2023 baseline. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Solaris is also engaged in initiatives such as the CDP and RTZ, which further demonstrate its commitment to transparency and accountability in environmental performance. Overall, Solaris is taking significant steps towards reducing its carbon emissions and enhancing its sustainability practices, with a clear focus on achieving substantial reductions in the near term.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,490 | 00,000 |
| Scope 2 | 29,170 | 00,000 |
| Scope 3 | 6,376,090 | 0,000,000 |
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.
Solaris 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.
