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 Energy Data Preview

In 2023, Block disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Block also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Block also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Block also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Block's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Block's Energy Renewability

In 2023, Block consumed a total of 205,668 Gigajoules of energy across its operations. Of this total, 22% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 78% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Block's Energy Renewability Rate

22%

How much of Block's energy consumed is renewable?

In 2023, Block consumed a total of 205,668 Gigajoules of energy, of which 22% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Block has considerable room to improve its energy sustainability strategy.

Insights into Block's Energy Consumption & Production Mix

In 2023, Block disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Block's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Block's Energy Consumed by Sources and Technologies

Natural Gas andElectricity(Unspecified Source)(52.1%)Electricity(Unspecified Source)(47.9%)

What are the main sources and generation technologies behind Block's energy consumption?

In 2023, Block's total energy consumption was primarily sourced from

  • Natural Gas and Electricity (Unspecified Source) (52.08%)
  • Electricity (Unspecified Source) (47.92%)

How diverse is Block’s energy consumption mix?

In 2023, Block consumed energy from 2 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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