W.A.G payment solutions plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, W.A.G payment solutions plc disclosed greenhouse gas emissions of 4.4K tCO2e. By scope: Scope 1: 2.9K tonnes CO2e; Scope 2: 2.0K tonnes CO2e (market-based); Scope 3: 5.1M tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
4.4K tCO2e
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.9K tonnes CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.0K tonnes CO2e (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).5.1M tonnes CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20234.4K tCO2e
20212.7K tCO2e/year (market-based)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce GHG emissions from own operations by 50% by 2030 (baseline year 2019)
  • Achieve top 25% employee engagement score by 2025
  • 40% women in leadership roles by 2025

📅 Medium-term

  • 80,000 active alternatively fuelled commercial vehicles using Eurowag products and services by 2030
  • 20% carbon intensity reduction per tkm by 2030 (baseline year 2019)

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

climate actioncustomer success and wellbeingcommunity impactresponsible business

⚠️ Challenges & Risks +

  • Challenging macroeconomic pressures impacting the CRT industry (reduced freight demand, less kilometers driven, high inflation and interest rates)
  • Insufficient fuel at energy payments network due to sanctions and Middle East unrest
  • Balancing product disruption in Central Europe due to Russian oil ban
  • Non-compliance with EETS Charger SLAs
  • Cyber attacks
  • Talent retention and attraction
  • Climate change and energy transition
  • Extreme weather events
  • Regulatory changes
  • Customer defaults

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD