In 2023, Flywire 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).
Flywire has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 |
|---|---|
Total Scope 1 | 0a |
Total Scope 2 | |
Market-Based | 0a |
Location-Based | 237.95a |
Total Scope 3 | 6,366.84a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Flywire amounted to 237.95 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
In 2023, the total Scope 1 emissions of Flywire were 0 metric tons of CO₂ equivalent (tCO₂e).a
In 2023, Flywire reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 237.95 tCO₂e using the location-based method.a
In 2023, Flywire reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Flywire reported 6,366.84 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 Flywire includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Flywire reported total Scope 3 emissions of 6,366.84 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
In 2023, Flywire reported emissions for 5 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.
In 2023, the largest contributors to Flywire's Scope 3 emissions were:a
In 2023, Flywire reported a total carbon footprint of 6,604.79 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions.a
The largest contributor to Flywire's total carbon footprint was Scope 3 emissions, accounting for 96.4% of the company's total carbon footprint, followed by Scope 2 emissions at 3.6%.a