StoneCo Ltd

Common Name
StoneCo
Country
Cayman Islands
Sector
Technology
Industry
Software - Infrastructure
Employees
N/A
Ticker
STNE
Exchange
NASDAQ/NGS
Description
StoneCo Ltd. is a financial technology company focused on providing digital payment solutions and financial services to small and medium-sized businesses primarily in Brazil. The company offers a comp...

StoneCo's GHG Emissions Data Preview

In 2023, StoneCo 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).

StoneCo 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind StoneCo’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 StoneCo’s data sources below and access millions more through our Disclosure Search.

a. StoneCo's Sustainability Report 2023
a. StoneCo's Sustainability Report 2023

Insights into StoneCo's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of StoneCo amounted to 9,016.823 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 StoneCo increased by 17.58%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

StoneCo's Scope 1 Emissions Over Time

2022202302.5 k5 k7.5 k10 ktCO2e+17%
  • Total Scope 1
  • Year-over-Year Change

What are StoneCo's Scope 1 emissions?

In 2023, the total Scope 1 emissions of StoneCo were 8,766.567 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), StoneCo's Scope 1 emissions increased by 16.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are StoneCo's Scope 2 emissions?

In 2023, StoneCo reported Scope 2 greenhouse gas (GHG) emissions of 182.989 tCO₂e using the market-based method and 250.256 tCO₂e using the location-based method. a

Has StoneCo reduced its Scope 2 emissions over time?

Compared to the previous year (2022), StoneCo's Scope 2 emissions (Location-Based) rose by 70.82% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does StoneCo use for Scope 2 reporting?

In 2023, StoneCo reported its Scope 2 emissions using the market-based method and using the location-based method. a

StoneCo's Scope 2 Emissions Over Time

20222023065130195260tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into StoneCo's Value Chain Emissions

In 2023, StoneCo reported 11,366.044 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 StoneCo includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

StoneCo's Scope 3 Emissions Over Time

2022202303 k6 k9 k12 ktCO2e+133%
  • Total Scope 3
  • Year-over-Year Change

What are StoneCo's Scope 3 emissions?

In 2023, StoneCo reported total Scope 3 emissions of 11,366.044 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.69% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), StoneCo's Scope 3 emissions increased by 132.6%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does StoneCo disclose?

In 2023, StoneCo 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 StoneCo's Scope 3 emissions?

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

  • Employee Commuting (Cat. 7): 6,453.792 tCO₂e (56.78%)
  • Business Travel (Cat. 6): 3,084.587 tCO₂e (27.14%)
  • Upstream Transportation and Distribution (Cat. 4): 1,156.145 tCO₂e (10.17%)

StoneCo's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(10.2%)Business Travel(Cat. 6)(27.1%)Employee Commuting(Cat. 7)(56.8%)

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

In 2023, StoneCo reported Scope 1 greenhouse gas (GHG) emissions of 8,766.567 tCO₂e and total revenues of USD 2,343 millions. This translates into an emissions intensity of 3.74 tCO₂e per millions USD. a

StoneCo's Scope 1 Emissions Intensity Compared to Peers

201005005,00020,000Scope 1 Emissions (tCO2e)1002001,0002,00010,000Revenues (Millions of USD)TSProgress SoftwareYear: 2023Scope 1: 60 tCO2eRevenue: $M 694Scope 1 Intensity: 0.09 tCO2e/$MWix.ComYear: 2023Scope 1: 698 tCO2eRevenue: $M 1,562Scope 1 Intensity: 0.45 tCO2e/$MSamsaraYear: 2022Scope 1: 235 tCO2eRevenue: $M 653Scope 1 Intensity: 0.36 tCO2e/$MAdyenYear: 2024Scope 1: 626 tCO2eRevenue: $M 2,316Scope 1 Intensity: 0.27 tCO2e/$MEndavaYear: 2024Scope 1: 536 tCO2eRevenue: $M 1,259Scope 1 Intensity: 0.43 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MGoTo Gojek TokopediaYear: 2024Scope 1: 158 tCO2eRevenue: $M 988Scope 1 Intensity: 0.16 tCO2e/$MPagSeguro DigitalYear: 2023Scope 1: 85 tCO2eRevenue: $M 3,236Scope 1 Intensity: 0.03 tCO2e/$MTTTELUS International (CDA)Year: 2023Scope 1: 3,111 tCO2eRevenue: $M 2,708Scope 1 Intensity: 1.15 tCO2e/$MTeradataYear: 2023Scope 1: 142 tCO2eRevenue: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$M360 Security TechnologyYear: 2023Scope 1: 454 tCO2eRevenue: $M 1,274Scope 1 Intensity: 0.36 tCO2e/$MBytes Technology GroupYear: 2025Scope 1: 92 tCO2eRevenue: $M 274Scope 1 Intensity: 0.33 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MKPIT TechnologiesYear: 2024Scope 1: 688 tCO2eRevenue: $M 584Scope 1 Intensity: 1.18 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MCyberark SoftwareYear: 2023Scope 1: 168 tCO2eRevenue: $M 752Scope 1 Intensity: 0.22 tCO2e/$MOFSSYear: 2024Scope 1: 372 tCO2eRevenue: $M 764Scope 1 Intensity: 0.49 tCO2e/$MRapid7Year: 2021Scope 1: 1,288 tCO2eRevenue: $M 535Scope 1 Intensity: 2.41 tCO2e/$MCloudflareYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,669Scope 1 Intensity: 0.12 tCO2e/$MSSStoneCoYear: 2023Scope 1: 8,767 tCO2eRevenue: $M 2,343Scope 1 Intensity: 3.74 tCO2e/$M

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

In 2023, StoneCo reported a Scope 1 emissions intensity of 3.74 tCO₂e per millions USD. Compared to the peer group median of 0.33 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does StoneCo rank on GHG emissions intensity within its industry?

In 2023, StoneCo ranked 22 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places StoneCo among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into StoneCo's Total Carbon Footprint

In 2023, StoneCo reported a total carbon footprint of 20,382.867 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 62.35% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to StoneCo's total carbon footprint was Scope 3 emissions, accounting for 55.76% of the company's total carbon footprint, followed by Scope 1 emissions at 43.01%. a

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