ID Finance Achieves Carbon Footprint Verification for 2022 and Sets Sights on 2023 Verification

19th of March 2024 – ID Finance, a leading Fintech company in Spain and Mexico, has successfully obtained from certified by Bureau Veritas the carbon footprint verification for the year 2022. This significant achievement underscores the company’s ongoing commitment to sustainability and its proactive approach to addressing climate change.

In 2022, ID Finance conducted a comprehensive greenhouse gas (GHG) inventory, meticulously adhering to the ISO 14064-1:2019 standards. The analysis revealed a total carbon footprint of 51,762 tons of CO2 equivalent (tCO2e), with the major contributions stemming from employee mobility and electricity consumption across its operations in Spain and Mexico. Remarkably emissions per employee have shown a significant decrease, indicating a positive trend towards efficiency and environmental responsibility.

A Continuous Commitment to Carbon Neutrality

Looking ahead, ID Finance is in the process of verifying its carbon footprint for 2023. ID Finance is dedicated to continuous improvement in its environmental performance. As part of its strategy, the company has implemented several reduction measures and is actively engaged in compensating its carbon footprint through various projects aimed at offsetting its carbon footprint thus promoting carbon neutrality. These initiatives are integral to ID Finance’s sustainability agenda and reflect its commitment to making a positive impact on the planet.

Recognizing Achievements and Setting New Goals

In addition to this environmental milestone, ID Finance has been recognized for its contribution to sustainable finance. In 2023, the company received the certification of the Social Responsibility Management System according to the international standard IQNet SR 10 from AENOR. Furthermore, ID Finance was honored by UK magazine Capital Finance International as the 2023 global award winner for Best ESG Inclusive Finance Solutions, affirming its leadership in responsible and sustainable business practices.

About ID Finance

www.idfinance.com

ID Finance is a leading fintech company in Spain and Mexico, specializing in providing innovative financial solutions. Always committed to responsible practices, the company consistently achieves solid financial performance while maintaining the highest standards in integrity and customer satisfaction. For seven years in a row, the company has been listed among the fastest-growing companies in Europe in the FT1000 ranking. In 2021, it launched its flagship financial wellness appPlazo in Spain, which offers transactional and credit solutions aimed at helping people gain greater control over their finances and improve their financial stability.