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Block Inc
Block's GHG Emissions Data Preview
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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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bVerified Sources Behind Block’s Greenhouse Gas (GHG) Emissions 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.
Insights into Block's Operational Emissions
No operational GHG emissions data disclosed for Block in 2024.
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Blockdecreased by 100%, showing that the company has made progress in taking action to reduce the climate impact of its operations.b
Insights into Block's Value Chain Emissions
In 2024, Block reported 402,931 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 4of 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
Block's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Block's Scope 3 emissions?
In 2024, Block reported total Scope 3 emissions of 402,931 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has Block reduced its Scope 3 emissions over time?
Since 2021, Block's Scope 3 emissionshave 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
What categories of Scope 3 emissions does Block disclose?
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.
What are the main sources of Block's Scope 3 emissions?
In 2024, the largest contributors to Block's Scope 3 emissions were:a
- Upstream Leased Assets (Cat. 8): 53,520 tCOâ‚‚e(58.88%)
- Business Travel (Cat. 6): 25,047 tCOâ‚‚e(27.56%)
- Employee Commuting (Cat. 7): 7,613 tCOâ‚‚e(8.38%)
Block's Scope 3 Emissions by Categories
Insights into Block’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Block reported Scope 1 greenhouse gas (GHG) emissions of 854.772 tCOâ‚‚e and total revenues of USD 21,917 millions. This translates into an emissions intensity of 0.04 tCOâ‚‚e per millions USD.b
Block's Scope 1 Emissions Intensity Compared to Peers
How does Block's GHG emissions intensity compare to its peers?
In 2023, Block reported a Scope 1 emissions intensity of 0.04 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b
Where does Block rank on GHG emissions intensity within its industry?
In 2023, Block ranked 3 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).b
This places Block among the top performers, with one of the lowest emissions intensities relative to peers.b