How we began our climate journey
To move forward, we looked at the footprint we left behind
Starting over
The concept of climate change has evolved into a climate emergency, and we believe that the health of our planet is everyone’s responsibility, as businesses or private citizens. So in 2019, we offset all the greenhouse gases (GHGs) emitted as a result of our operations since Adyen was founded in 2006.
We are thoroughly committed to reducing our GHG emissions in the years to come, and we realise that offsetting is just the start.
The measure for our greenhouse gas emissions is tonnes of Carbon Dioxide Equivalents (tCO2e) — covering the six greenhouse gases defined in the Kyoto Protocol by the United Nations Framework Convention on Climate Change. These six gases are carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perufluorocarbons (PFCs) and sulphur hexafluoride (SF6).
Scope 1: 223.62 tCO2e
These are emissions from sources owned or controlled by us – such as gases used to heat our offices
Scope 2: 2,212 tCO2e
Scope 2 emissions cover indirect emissions, such as purchased electricity for our buildings. To make it tangible: when charging your phone at one of our offices, these emissions tie into scope 2
Scope 3: 15,792 tCO2e
These emissions stem from activities that are not directly owned or controlled by Adyen - think of air travel and hotel stay duration
Investing in carbon reduction projects
Through investing in sustainable energy projects, we offset our GHG emissions. Our GHG compensation investments resulted in the prevention of millions of tonnes of CO2 being released into the atmosphere. In addition to the positive environmental impact these projects have, we opted for projects touching upon a wide spread of the United Nations’ SDGs – underscoring that we care about all of these. All projects invested in were carefully selected based on the synergies they create between generating renewable energy, reforestation, wildlife protection and advancing socio-economic wellbeing for local communities. This, we believe, fosters true sustainability.