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PayPal Holdings Inc

Common Name
PayPal Holdings
Country
United States
Sector
Financial Services
Industry
Credit Services
Employees
24,400
Ticker
PYPL
Exchange
NASDAQ/NGS
Description
PayPal Holdings Inc. is a prominent player in the digital payments industry, providing an essential service that facilitates online and mobile monetary transactions globally. As a leading payment solu...

PayPal Holdings's GHG Emissions Data Preview

In 2024, PayPal Holdings 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).

PayPal Holdings has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind PayPal Holdings’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 PayPal Holdings’s data sources below and access millions more through our Disclosure Search.

a. PayPal Holdings's Impact Report 2024
a. PayPal Holdings's Impact Report 2024
b. PayPal Holdings's Impact Report 2022
b. PayPal Holdings's Impact Report 2022
c. PayPal Holdings's ESG Data Spreadsheet 2020
c. PayPal Holdings's ESG Data Spreadsheet 2020

Insights into PayPal Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPayPal Holdings amounted to81,100metric 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 2023, the total operational greenhouse gas (GHG) emissions of PayPal Holdingsdecreased by 10.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

PayPal Holdings's Scope 1 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e-54%-13%+50%-10%-40%
  • Total Scope 1
  • Year-over-Year Change

What are PayPal Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of PayPal Holdings were 2,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has PayPal Holdings reduced its Scope 1 emissions over time?

Since 2019, PayPal Holdings's Scope 1 emissions have decreased by 67.69%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), PayPal Holdings's Scope 1 emissions decreased by 40%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are PayPal Holdings's Scope 2 emissions?

In 2024, PayPal Holdings reported Scope 2 greenhouse gas (GHG) emissions of 8,800 tCOâ‚‚e using the market-based method and 79,000 tCOâ‚‚e using the location-based method.a

Has PayPal Holdings reduced its Scope 2 emissions over time?

Compared to the previous year(2023), PayPal Holdings's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that PayPal Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does PayPal Holdings use for Scope 2 reporting?

In 2024, PayPal Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

PayPal Holdings's Scope 2 Emissions Over Time

201920202021202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into PayPal Holdings's Value Chain Emissions

In 2024, PayPal Holdings reported 478,400 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 PayPal Holdings includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

PayPal Holdings's Scope 3 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e-77%+3765%+2%-3%-7%
  • Total Scope 3
  • Year-over-Year Change

What are PayPal Holdings's Scope 3 emissions?

In 2024, PayPal Holdings reported total Scope 3 emissions of 478,400 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 PayPal Holdings reduced its Scope 3 emissions over time?

Since 2019, PayPal Holdings's Scope 3 emissionshave increased by 702.68%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), PayPal Holdings's Scope 3 emissions remained relatively stable, indicating that PayPal Holdings's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does PayPal Holdings disclose?

In 2024, PayPal Holdings reported emissions for 6 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 PayPal Holdings's Scope 3 emissions?

In 2024, the largest contributors to PayPal Holdings's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 399,000 tCOâ‚‚e(83.4%)
  • Capital Goods (Cat. 2): 26,000 tCOâ‚‚e(5.43%)
  • Fuel- and Energy-Related Services (Cat. 3): 18,100 tCOâ‚‚e(3.78%)

PayPal Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(83.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(3.8%)Capital Goods(Cat. 2)(5.4%)

Insights into PayPal Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, PayPal Holdings reported Scope 1 greenhouse gas (GHG) emissions of 2,100 tCOâ‚‚e and total revenues of USD 31,818 millions. This translates into an emissions intensity of 0.07 tCOâ‚‚e per millions USD.a

PayPal Holdings's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000100,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)EAmerican ExpressYear: 2024Scope 1: 21,817 tCO2eRevenue: $M 65,952Scope 1 Intensity: 0.33 tCO2e/$MIPG PhotonicsYear: 2024Scope 1: 41,764 tCO2eRevenue: $M 977Scope 1 Intensity: 42.74 tCO2e/$MSoFi TechnologiesYear: 2024Scope 1: 293 tCO2eRevenue: $M 2,613Scope 1 Intensity: 0.11 tCO2e/$MPrincipal Financial GroupYear: 2024Scope 1: 5,015 tCO2eRevenue: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MSLMYear: 2023Scope 1: 157 tCO2eRevenue: $M 1,809Scope 1 Intensity: 0.09 tCO2e/$MCharles SchwabYear: 2022Scope 1: 8,409 tCO2eRevenue: $M 20,763Scope 1 Intensity: 0.41 tCO2e/$MBread Financial HoldingsYear: 2024Scope 1: 933 tCO2eRevenue: $M 3,838Scope 1 Intensity: 0.24 tCO2e/$MW R BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MUS BancorpYear: 2024Scope 1: 34,015 tCO2eRevenue: $M 27,334Scope 1 Intensity: 1.24 tCO2e/$MAssurantYear: 2024Scope 1: 1,282 tCO2eRevenue: $M 11,881Scope 1 Intensity: 0.11 tCO2e/$MCapital One FinancialYear: 2024Scope 1: 7,251 tCO2eRevenue: $M 39,110Scope 1 Intensity: 0.19 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MArthur J. Gallagher & Co.Year: 2024Scope 1: 1,186 tCO2eRevenue: $M 11,559Scope 1 Intensity: 0.10 tCO2e/$MHartford Insurance GroupYear: 2024Scope 1: 5,981 tCO2eRevenue: $M 26,383Scope 1 Intensity: 0.23 tCO2e/$MAlly FinancialYear: 2024Scope 1: 5,585 tCO2eRevenue: $M 8,898Scope 1 Intensity: 0.63 tCO2e/$MEEEquitable HoldingsYear: 2024Scope 1: 1,548 tCO2eRevenue: $M 12,434Scope 1 Intensity: 0.12 tCO2e/$MVisaYear: 2024Scope 1: 13,510 tCO2eRevenue: $M 35,922Scope 1 Intensity: 0.38 tCO2e/$MMastercardYear: 2024Scope 1: 2,962 tCO2eRevenue: $M 28,156Scope 1 Intensity: 0.11 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MWestern UnionYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,357Scope 1 Intensity: 0.95 tCO2e/$MSynchrony FinancialYear: 2024Scope 1: 168 tCO2eRevenue: $M 16,154Scope 1 Intensity: 0.01 tCO2e/$MPNC Financial Services GroupYear: 2024Scope 1: 28,268 tCO2eRevenue: $M 20,808Scope 1 Intensity: 1.36 tCO2e/$MProgressiveYear: 2024Scope 1: 32,281 tCO2eRevenue: $M 75,335Scope 1 Intensity: 0.43 tCO2e/$MPayPal HoldingsYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 31,818Scope 1 Intensity: 0.07 tCO2e/$M

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

In 2024, PayPal Holdings reported a Scope 1 emissions intensity of 0.07 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does PayPal Holdings rank on GHG emissions intensity within its industry?

In 2024, PayPal Holdings ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places PayPal Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into PayPal Holdings's Total Carbon Footprint

In 2024, PayPal Holdings reported a total carbon footprint of 559,500 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.89% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to PayPal Holdings's total carbon footprint was Scope 3 emissions, accounting for 85.5% of the company's total carbon footprint, followed by Scope 2 emissions at 14.12%.a

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