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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 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)202420232022
2021 - 2017
Total Scope 1
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c
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Total Scope 2
Unspecified Calculation Method
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c
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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c
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Limited Data Preview
You are viewing a limited preview of Block’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified 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.

a. Block's Sustainability Report 2024
b. Block's CSR Report 2023
c. Block's CSR Report 2022
d. Block's CSR Report 2021

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 Block decreased 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 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

Block's Scope 3 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e+102%-2%+44%
  • 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 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

Has Block reduced its Scope 3 emissions over time?

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

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 tCO₂e (58.88%)
  • Business Travel (Cat. 6): 25,047 tCO₂e (27.56%)
  • Employee Commuting (Cat. 7): 7,613 tCO₂e (8.38%)

Block's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(58.9%)Business Travel(Cat. 6)(27.6%)Employee Commuting(Cat. 7)(8.4%)

Insights into Block’s GHG Emissions Intensity Compared to Industry Peers

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

Block's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)RZSamsaraYear: 2024Scope 1: 78 tCO2eRevenue: $M 1,250Scope 1 Intensity: 0.06 tCO2e/$MToastYear: 2024Scope 1: 436 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.09 tCO2e/$MZscalerYear: 2024Scope 1: 439 tCO2eRevenue: $M 2,168Scope 1 Intensity: 0.20 tCO2e/$MUiPathYear: 2024Scope 1: 649 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.45 tCO2e/$MSynopsysYear: 2024Scope 1: 2,273 tCO2eRevenue: $M 6,127Scope 1 Intensity: 0.37 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MGen DigitalYear: 2025Scope 1: 414 tCO2eRevenue: $M 3,935Scope 1 Intensity: 0.11 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MF5Year: 2024Scope 1: 872 tCO2eRevenue: $M 2,817Scope 1 Intensity: 0.31 tCO2e/$MNetAppYear: 2025Scope 1: 2,310 tCO2eRevenue: $M 6,572Scope 1 Intensity: 0.35 tCO2e/$MOracleYear: 2025Scope 1: 27,532 tCO2eRevenue: $M 57,394Scope 1 Intensity: 0.48 tCO2e/$MTeradataYear: 2024Scope 1: 359 tCO2eRevenue: $M 1,750Scope 1 Intensity: 0.21 tCO2e/$MRRRackspace TechnologyYear: 2024Scope 1: 630 tCO2eRevenue: $M 2,737Scope 1 Intensity: 0.23 tCO2e/$MInformaticaYear: 2024Scope 1: 1,209 tCO2eRevenue: $M 1,640Scope 1 Intensity: 0.74 tCO2e/$MDropboxYear: 2024Scope 1: 515 tCO2eRevenue: $M 2,548Scope 1 Intensity: 0.20 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MZZZuoraYear: 2024Scope 1: 157 tCO2eRevenue: $M 432Scope 1 Intensity: 0.36 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MPalantir TechnologiesYear: 2024Scope 1: 22 tCO2eRevenue: $M 2,857Scope 1 Intensity: 0.01 tCO2e/$MRapid7Year: 2021Scope 1: 1,288 tCO2eRevenue: $M 535Scope 1 Intensity: 2.41 tCO2e/$MCloudflareYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,669Scope 1 Intensity: 0.12 tCO2e/$MBlockYear: 2023Scope 1: 855 tCO2eRevenue: $M 21,917Scope 1 Intensity: 0.04 tCO2e/$M

How does Block's GHG emissions intensity compare to its peers?

In 2023, Block reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 0.21, 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 23 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

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