Public Profile

Southern Cross Payments Ltd

Southern Cross Payments Ltd, headquartered in Australia, is a leading player in the financial technology sector, specialising in innovative payment solutions. Founded in 2015, the company has rapidly expanded its operations across major regions in Australia and New Zealand, establishing a strong presence in the payments industry. The firm offers a range of core services, including merchant payment processing, point-of-sale solutions, and e-commerce payment gateways, all designed to enhance transaction efficiency and security. Southern Cross Payments is recognised for its commitment to customer service and cutting-edge technology, setting it apart from competitors. With a focus on delivering tailored solutions for businesses of all sizes, Southern Cross Payments Ltd has achieved significant milestones, positioning itself as a trusted partner in the evolving landscape of digital payments.

DitchCarbon Score

How does Southern Cross Payments 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.

17

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.

27

Industry Benchmark

Southern Cross Payments Ltd's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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Southern Cross Payments Ltd's reported carbon emissions

In 2024, Southern Cross Payments Ltd reported total carbon emissions of approximately 15,000,000 kg CO2e. This figure includes emissions across all three scopes: - **Scope 1**: 369,050 kg CO2e from mobile combustion. - **Scope 2**: 5,066,100 kg CO2e from purchased electricity. - **Scope 3**: 9,564,840 kg CO2e, which encompasses various categories such as: - Capital goods: 3,766,340 kg CO2e - Business travel: 642,880 kg CO2e - Employee commute: 32,110 kg CO2e - Use of sold products: 276,470 kg CO2e - Upstream leased assets: 10,574,070 kg CO2e - Purchased goods and services: 4,541,640 kg CO2e - Waste generated in operations: 46,580 kg CO2e - Fuel and energy-related activities: 686,800 kg CO2e Despite the comprehensive emissions data, Southern Cross Payments Ltd has not established specific reduction targets or climate pledges at this time. The company is actively engaged in understanding its carbon footprint but currently lacks formal commitments to reduce emissions. This context highlights the importance of ongoing efforts within the industry to address climate change and improve sustainability practices.

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2024
Scope 1
369,050
Scope 2
5,066,100
Scope 3
20,566,890

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Southern Cross Payments Ltd's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Southern Cross Payments Ltd is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Southern Cross Payments 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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