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Wise PLC
Wise's GHG Emissions Data Preview
In 2024, Wise 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).
Wise has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Wise’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 Wise’s data sources below and access millions more through our Disclosure Search.
Insights into Wise's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofWise amounted to919metric 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 Wiseincreased by 5.88%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Wise's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Wise's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Wise were 215 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Wise reduced its Scope 1 emissions over time?
Since 2020, Wise's Scope 1 emissions have increased by 82.67%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Wise's Scope 1 emissions decreased by 2.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Wise's Scope 2 emissions?
In 2024, Wise reported Scope 2 greenhouse gas (GHG) emissions of 19 tCOâ‚‚e using the market-based method and 704 tCOâ‚‚e using the location-based method.a
Has Wise reduced its Scope 2 emissions over time?
Since 2020, Wise's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 18.86%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Wise's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Wise's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Wise use for Scope 2 reporting?
In 2024, Wise reported its Scope 2 emissions using the market-based method and using the location-based method.a
Wise's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Wise's Value Chain Emissions
In 2024, Wise reported 60,445 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 Wise includes a breakdown across 7of 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
Wise's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Wise's Scope 3 emissions?
In 2024, Wise reported total Scope 3 emissions of 60,445 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
Compared to the previous year (2023), Wise's Scope 3 emissions increased by 97.09%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Wise disclose?
In 2024, Wise reported emissions for 7 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 Wise's Scope 3 emissions?
In 2024, the largest contributors to Wise's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 30,036 tCOâ‚‚e(49.69%)
- Business Travel (Cat. 6): 18,377 tCOâ‚‚e(30.4%)
- Employee Commuting (Cat. 7): 8,767 tCOâ‚‚e(14.5%)
Wise's Scope 3 Emissions by Categories
Insights into Wise’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Wise reported Scope 1 greenhouse gas (GHG) emissions of 215 tCOâ‚‚e and total revenues of USD 1,940 millions. This translates into an emissions intensity of 0.11 tCOâ‚‚e per millions USD.a
Wise's Scope 1 Emissions Intensity Compared to Peers
How does Wise's GHG emissions intensity compare to its peers?
In 2024, Wise reported a Scope 1 emissions intensity of 0.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Wise rank on GHG emissions intensity within its industry?
In 2024, Wise ranked 6 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Wise is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Wise's Total Carbon Footprint
In 2024, Wise reported a total carbon footprint of 61,364 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 94.58% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Wise's total carbon footprint was Scope 3 emissions, accounting for 98.5% of the company's total carbon footprint, followed by Scope 2 emissions at 1.15%.a