In 2024, Block completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 3 (indirect emissions across the value chain).
Block has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | N/A | 854.772b | 3,773.04c | |
Total Scope 2 | ||||
Unspecified Calculation Method | N/A | 2,564.316b | 3,773.04c | |
Total Scope 3 | 402,931a | 280,365.216b | 286,751.04c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 0.039b | 0.2152c |
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No operational GHG emissions data disclosed for Block in 2024.
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Block decreased by 100%, showing that the company has made progress in taking action to reduce the climate impact of its operations.b
In 2024, Block reported 402,931 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Block includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Block reported total Scope 3 emissions of 402,931 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Block's Scope 3 emissions have increased by 183.4%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2023), Block's Scope 3 emissions increased by 43.72%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Block reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Block's Scope 3 emissions were:a
In 2023, Block reported Scope 1 greenhouse gas (GHG) emissions of 854.772 tCO₂e and total revenues of USD 21,917 millions. This translates into an emissions intensity of 0.04 tCO₂e per millions USD.b
In 2023, Block reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 0.19, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b
In 2023, Block ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).b
This places Block among the top performers, with one of the lowest emissions intensities relative to peers.b