WorldRemit Ltd
WorldRemit Ltd., headquartered in Great Britain, is a leading player in the digital remittance industry, specialising in international money transfers. Founded in 2010, the company has rapidly expanded its operations across key regions, including Europe, North America, Africa, and Asia, establishing a strong presence in over 130 countries. WorldRemit offers a range of services, including online money transfers, mobile top-ups, and bill payments, all designed to provide a secure and convenient alternative to traditional cash-based remittance methods. Its unique platform allows users to send money instantly via their smartphones or computers, making it a preferred choice for millions of customers worldwide. With a commitment to innovation and customer satisfaction, WorldRemit has achieved significant milestones, including numerous awards for its services and technology. As a pioneer in the digital remittance space, the company continues to shape the future of international money transfers.
DitchCarbon Score
How does WorldRemit 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
WorldRemit Ltd's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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WorldRemit Ltd's reported carbon emissions
In 2021, WorldRemit Ltd reported no specific carbon emissions data, but their emissions intensity was approximately 0.00028 tonnes CO2e per million USD in revenue. In 2020, the emissions intensity was about 0.00061 tonnes CO2e per million USD in revenue. The most comprehensive data available is from 2019, where total emissions were approximately 28,931,000 kg CO2e, broken down into Scope 1 emissions of about 6,600,000 kg CO2e, Scope 2 emissions of approximately 6,172,000 kg CO2e, and Scope 3 emissions of around 16,159,000 kg CO2e, with business travel being the largest contributor at about 14,439,000 kg CO2e. WorldRemit has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of detailed emissions data for recent years suggests a need for improved transparency in their environmental impact reporting. As the company continues to grow, addressing carbon emissions and setting measurable reduction targets will be crucial for aligning with industry standards and climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Scope 1 | 12,400,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 33,344,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 10,698,000 | 00,000,000 | 00,000,000 | 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.
WorldRemit 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.
