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CIELO SA Instituicao de Pagamento

Common Name
Cielo
Country
Brazil
Sector
Technology
Industry
Software - Infrastructure
Employees
6,471
Ticker
CIEL3
Exchange
B3
Description
Cielo S.A., through its subsidiaries, provides payment services in Brazil and the United States. The company provides services related to credit and debit cards, and other payment methods, including s...

Cielo's GHG Emissions Data Preview

In 2023, Cielo completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Cielo has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020-2019
Total Scope 1
9,130.5a
7,405.5a
5,137.7a
Total Scope 2
Unspecified Calculation Method
77.6a
116.5a
333.5a
Total Scope 3
25,049.4a
26,329.1a
18,207.2a
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Verified Sources Behind Cielo’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.

a. Cielo's Financial & Extra-Financial Disclosure 2023
b. Cielo's Integrated Report 2022

Insights into Cielo's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cielo amounted to 9,208.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Cielo increased by 22.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Cielo's Scope 1 Emissions Over Time

202020212022202302.5 k5 k7.5 k10 ktCO2e+45%+44%+23%
  • Total Scope 1
  • Year-over-Year Change

What are Cielo's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cielo were 9,130.5 metric tons of CO₂ equivalent (tCO₂e).a

Has Cielo reduced its Scope 1 emissions over time?

Since 2020, Cielo's Scope 1 emissions have increased by 157.01%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2022), Cielo's Scope 1 emissions increased by 23.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Cielo's Scope 2 emissions?

In 2023, Cielo reported Scope 2 greenhouse gas (GHG) emissions of 77.6 tCO₂e without specifying the calculation method.a

Has Cielo reduced its Scope 2 emissions over time?

Since 2020, Cielo's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 66.28%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2022), Cielo's Scope 2 emissions (Unspecified Calculation Method) fell by 33.39% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Cielo use for Scope 2 reporting?

In 2023, Cielo reported its Scope 2 emissions using an unspecified methodology.a

Cielo's Scope 2 Emissions Over Time

2020202120222023085170255340tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cielo's Value Chain Emissions

In 2023, Cielo reported 25,049.4 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 2023 disclosure of Cielo includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Cielo's Scope 3 Emissions Over Time

202020212022202307 k14 k21 k28 ktCO2e+78%+45%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Cielo's Scope 3 emissions?

In 2023, Cielo reported total Scope 3 emissions of 25,049.4 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 74.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 25.82% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Cielo reduced its Scope 3 emissions over time?

Since 2020, Cielo's Scope 3 emissions have increased by 144.74%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2022), Cielo's Scope 3 emissions remained relatively stable, indicating that Cielo's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Cielo disclose?

In 2023, Cielo reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Cielo's Scope 3 emissions?

In 2023, the largest contributors to Cielo's Scope 3 emissions were:a

  • Upstream Transportation and Distribution (Cat. 4): 15,999.5 tCO₂e (63.87%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 6,309.8 tCO₂e (25.19%)
  • Employee Commuting (Cat. 7): 1,300 tCO₂e (5.19%)

Cielo's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(5.2%)UpstreamTransportation andDistribution(Cat. 4)(63.9%)End-of-LifeTreatment of SoldProducts (Cat. 12)(25.2%)

Insights into Cielo's Total Carbon Footprint

In 2023, Cielo reported a total carbon footprint of 34,257.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.2% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Cielo's total carbon footprint was Scope 3 emissions, accounting for 73.12% of the company's total carbon footprint, followed by Scope 1 emissions at 26.65%.a

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