How a global fintech company addressed downstream Scope 3 emissions through renewable electricity procurement
Downstream Scope 3 emissions can be difficult to address, especially when they are linked to how and where sold products are used. For companies with electricity-related emissions from product use, renewable electricity procurement can offer a practical and scalable lever to support emissions action while strengthening commercial positioning. In this case study, discover how a global fintech company worked with STX Group to identify priority markets, assess electricity-related product use emissions and execute an Energy Attribute Certificate procurement strategy across 12 countries. The approach helped the company address a material Scope 3 hotspot, achieve an estimated 20% reduction in overall Scope 3 emissions and strengthen its low-carbon product proposition with enterprise clients.
Downstream Scope 3 emissions can be difficult to address, especially when they are linked to how and where sold products are used. For companies with electricity-related emissions from product use, renewable electricity procurement can offer a practical and scalable lever to support emissions action while strengthening commercial positioning. In this case study, discover how a global fintech company worked with STX Group to identify priority markets, assess electricity-related product use emissions and execute an Energy Attribute Certificate procurement strategy across 12 countries. The approach helped the company address a material Scope 3 hotspot, achieve an estimated 20% reduction in overall Scope 3 emissions and strengthen its low-carbon product proposition with enterprise clients.
-1.png?width=1200&height=1200&name=Untitled%20design%20(2)-1.png)