Green Dot Corporation, commonly known as Green Dot, is a leading financial technology and bank holding company headquartered in Delaware. Founded in 1999, Green Dot has established itself as a pioneer in the prepaid debit card industry, offering innovative banking solutions that cater to a diverse clientele across the United States. The company’s core products include prepaid debit cards, mobile banking services, and cash management solutions, all designed to provide consumers with accessible and flexible financial options. Green Dot's unique approach combines technology with user-friendly services, making it a preferred choice for those seeking alternative banking solutions. With a strong market position, Green Dot has achieved significant milestones, including partnerships with major retailers and the launch of its mobile banking app. As a key player in the fintech sector, Green Dot continues to redefine the way consumers manage their finances.
How does Green Dot'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.
Mean score of companies in the Real Estate Services 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.
Green Dot's score of 20 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2016, Green Dot Corporation reported total carbon emissions of approximately 16,370,000 kg CO2e for Scope 1 and about 25,317,000 kg CO2e for Scope 2, resulting in a combined total of around 41,687,000 kg CO2e. This data reflects their operational impact on climate change, with emissions data disclosed for both Scope 1 and Scope 2, but not for Scope 3. Comparatively, in 2015, the company recorded approximately 1,928,000 kg CO2e in Scope 1 emissions and about 26,301,000 kg CO2e in Scope 2 emissions, leading to a total of around 28,229,000 kg CO2e. This indicates a slight reduction in Scope 1 emissions from 2015 to 2016. Despite these figures, Green Dot has not established specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of defined reduction strategies suggests a need for enhanced climate action within the organisation. All emissions data is sourced directly from Green Dot Corporation, with no cascading from a parent or related organisation. The company continues to operate with a focus on transparency regarding its emissions, although further commitments to reduction targets would strengthen its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | |
---|---|---|
Scope 1 | 1,928,000 | 0,000,000 |
Scope 2 | 26,301,000 | 00,000,000 |
Scope 3 | - | - |
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.
Green Dot 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.