Block Inc

Common Name
Block
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
12,000
Ticker
XYZ
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Block, Inc., formerly known as Square, Inc., is a prominent financial technology company renowned for its innovative payment solutions. It primarily serves as a dynamic player in the mobile payment in...

Block's Climate Target Data Preview

As of 2024, Block has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 7 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Block ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit
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b
2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit
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b
2026
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit
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b
2027
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit
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b
2028
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit
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b
2029
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit
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b
2030
Intensity-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added
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a
2030
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Verified Sources Behind Block’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Block’s data sources below and access millions more through our Disclosure Search.

a. Block's CDP Climate sourced from company’s website 2024
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b. Block's CSR Report 2023
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Insights into Block's Greenhouse Gas Emissions Pathways

As of 2024, Block has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does Block have a target to reduce the emissions from its operations?

As of 2024, Block has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Block's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 33,295 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Block has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Block's Operational (Scope 1+2) Emissions Pathway

20192023203008.5 k17 k25.5 k34 kBaselineCurrent (-90%)Target 2030 (-46%)

Does Block have a target to reduce the emissions from its value chain?

As of 2024, Block has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Block's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 144.7 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added in 2019. a

Block has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Block's Value Chain (Scope 3) Emissions Pathway

20192023203004080120160BaselineCurrent (-74%)Target 2030 (-55%)

Does Block have a target to reduce its total carbon footprint?

As of 2024, Block has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. b

Block's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Gross Profit in 2020, by 54.55% by 2030. b

Block has already surpassed its total carbon footprint reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. b

Block's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2020202320252026202720282029203000000BaselineCurrent (-57%)
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