StoneCo Ltd
StoneCo Ltd., a prominent player in the financial technology sector, is headquartered in Great Britain and operates extensively across Brazil. Founded in 2012, the company has rapidly established itself as a leader in providing integrated payment solutions and financial services tailored for merchants of all sizes. StoneCo's core offerings include point-of-sale systems, payment processing, and software solutions that enhance the customer experience. What sets StoneCo apart is its commitment to innovation and customer-centric services, which have garnered significant market share in the competitive fintech landscape. With a strong focus on empowering businesses through technology, StoneCo has achieved notable milestones, including a successful IPO in 2018. The company continues to solidify its position as a trusted partner for merchants, driving growth and efficiency in the evolving digital economy.
DitchCarbon Score
How does StoneCo Ltd'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
StoneCo Ltd's score of 48 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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StoneCo Ltd's reported carbon emissions
In 2024, StoneCo Ltd reported total carbon emissions of approximately 33,000,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes about 8,350,160 kg CO2e from Scope 1, which encompasses direct emissions from owned or controlled sources, and approximately 519,860 kg CO2e from Scope 2, related to indirect emissions from purchased electricity. Notably, Scope 3 emissions were significant, totalling around 25,225,770 kg CO2e, primarily driven by business travel and employee commuting. Comparatively, in 2023, the company recorded total emissions of about 33,872,910 kg CO2e, with Scope 1 emissions at approximately 8,766,560 kg CO2e and Scope 2 emissions at around 433,230 kg CO2e. Scope 3 emissions for that year were about 11,366,010 kg CO2e. StoneCo Ltd has made strides in reducing its carbon footprint, achieving a 4.75% reduction in Scope 1 emissions from 2023 to 2024. This commitment to lowering emissions reflects the company's proactive approach to climate action, although specific long-term reduction targets or SBTi commitments were not disclosed. The company continues to focus on enhancing sustainability practices across its operations, aligning with industry standards for climate responsibility.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 7,522,210 | 0,000,000 | 0,000,000 |
| Scope 2 | 378,420 | 000,000 | 000,000 |
| Scope 3 | 4,886,470 | 00,000,000 | 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.
StoneCo Ltd 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.
