Cielo, officially known as Cielo S.A., is a leading payment solutions provider headquartered in the United States, with significant operations across Brazil and other Latin American regions. Founded in 1995, Cielo has established itself as a key player in the financial technology industry, specialising in electronic payment processing and point-of-sale solutions. The company offers a diverse range of services, including credit and debit card processing, mobile payments, and e-commerce solutions, distinguished by their commitment to innovation and customer service. Cielo's advanced technology and user-friendly platforms have positioned it as a market leader, recognised for its reliability and efficiency in facilitating transactions for businesses of all sizes. With a strong focus on enhancing the payment experience, Cielo continues to drive growth and transformation in the digital payments landscape.
How does Cielo'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 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.
Cielo's score of 56 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Cielo reported total carbon emissions of approximately 28,902,160 kg CO2e, a decrease from about 34,010,490 kg CO2e in 2023. The emissions breakdown for 2024 includes 5,815,260 kg CO2e from Scope 1, 96,860 kg CO2e from Scope 2, and a significant 22,990,040 kg CO2e from Scope 3 emissions. This trend indicates a commitment to reducing overall emissions, particularly in Scope 3, which typically encompasses indirect emissions from the supply chain and product use. Cielo has made commitments to climate action, with a focus on near-term targets. As of December 2024, the company is classified as "Committed" to reducing its emissions, although specific reduction targets have not been disclosed. Cielo has not yet committed to a net-zero target, indicating a potential area for future development in their sustainability strategy. The company's emissions data reflects a proactive approach to managing its carbon footprint, aligning with industry standards for transparency and accountability in climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 3,778,480 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 498,070 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 |
Scope 3 | 11,045,260 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Cielo 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.