Multitude
Multitude, a prominent player in the fintech industry, is headquartered in Finland (FI) and operates across several key regions in Europe. Founded in 2014, the company has rapidly evolved, establishing itself as a leader in providing innovative financial solutions tailored for consumers and businesses alike. Specialising in digital banking and payment services, Multitude offers unique products that enhance user experience and financial accessibility. Their commitment to leveraging technology for seamless transactions sets them apart in a competitive market. With a strong market position, Multitude has achieved significant milestones, including expanding its service offerings and enhancing customer engagement. As a forward-thinking company, Multitude continues to redefine the landscape of financial services, making it a noteworthy name in the fintech sector.
DitchCarbon Score
How does Multitude'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
Multitude's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Multitude's reported carbon emissions
In 2023, Multitude reported total carbon emissions of approximately 56,631,000 kg CO2e. The breakdown of these emissions includes about 254,000 kg CO2e from Scope 2 and a significant 56,377,000 kg CO2e from Scope 3 emissions. Notably, employee commuting accounted for about 1,787,000 kg CO2e, while purchased goods and services contributed approximately 5,395,000 kg CO2e. Comparatively, in 2022, Multitude's total emissions were about 30,071,000 kg CO2e, with Scope 2 emissions at approximately 196,000 kg CO2e and Scope 3 emissions at around 29,875,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. Despite the increase in emissions, Multitude has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies suggests a need for further action in addressing their carbon footprint.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 196,000 | 000,000 |
| Scope 3 | 29,875,000 | 00,000,000 |
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.
Multitude 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.
