PAX Technology Ltd.
PAX Technology Ltd., commonly referred to as PAX, is a leading provider of electronic payment solutions headquartered in Hong Kong. Established in 2000, the company has rapidly expanded its operations across major regions, including Asia, Europe, and North America, solidifying its position in the financial technology industry. PAX is renowned for its innovative range of point-of-sale (POS) terminals and payment processing solutions, which are designed to enhance transaction efficiency and security. The company’s commitment to quality and cutting-edge technology has earned it a strong market presence, with notable achievements in developing contactless payment systems and mobile payment solutions. With a focus on customer-centric services and a robust portfolio, PAX Technology Ltd. continues to set industry standards, making it a trusted partner for businesses seeking reliable payment solutions.
DitchCarbon Score
How does PAX Technology 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 Electrical Machinery Manufacturing 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
PAX Technology Ltd.'s score of 31 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PAX Technology Ltd.'s reported carbon emissions
In 2023, PAX Technology Ltd. reported total carbon emissions of approximately 3,218,720 kg CO2e, comprising 649,100 kg CO2e from Scope 1 and 2,569,620 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2022, where total emissions were about 3,356,140 kg CO2e, with Scope 1 at 626,840 kg CO2e and Scope 2 at 2,729,300 kg CO2e. PAX Technology has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025 and to achieve a 30% reduction from a 2020 baseline by 2030. Similarly, the company plans to reduce its Scope 2 emissions to near zero by 2025 and also aims for a 30% reduction from the 2020 baseline by 2030. These targets reflect PAX Technology's commitment to addressing its carbon footprint and contributing to global climate goals. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Overall, PAX Technology Ltd. is actively working towards significant reductions in its carbon emissions, aligning with industry standards for climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,006,200 | 0,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 1,400,370 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
PAX Technology 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.
