Paypal Holdings

Data Processing & Outsourced Services

PYPL

$ 82 1.3

Share price

$ 93 bn

Market Cap

$ 93 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

Paypal Holdings aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2022

Paypal Holdings aims to achieve net zero for all Scopes by 2040

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Paypal Holdings reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 14 Kt (-11 /-43% y-o-y). Also positively, carbon intensity was down at 0.6 t (-0.6 /-50% y-o-y).

Paypal Holdings's Scope 3 emissions decreased to 10 Kt (-3.5 /-25.7% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -44.7% since 4Q'19).

The company is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -1.3 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	14	2.6	12	10	25,371	0.6
2020Q4	25	3	22	14	21,454	1.2
2019Q4	53	6.5	47	60	17,772	3
2018Q4	65	8.1	57	57	15,451	4.2
2017Q4	67	9.6	58	25