Adyen is a payment platform that allows businesses to create a personalised payment platform for their customers both online and in-stores. The company is a favourite of many large retailers, including Sephora, eBay, Spotify and Singapore Airlines. In 2019, Ayden made the decision to offset all greenhouse gas (GHG) emissions made by their company and is now carbon neutral.
Making the Effort to Reduce GHG Emissions
Ayden is attempting to help reduce GHG emissions with the help of a climate change partner, South Pole. In order to reach carbon neutrality, the company conducted an organisation-wide audit to create an understanding of its role in generating GHG and attempt to reach carbon neutrality. The company is completely carbon neutral in all areas, from transactions carried out on the Ayden platform, to the flights their employees take, as well as the energy in their data centres.
The company measures their Scope 1 and Scope 2 emissions based on data from their offices globally, by measuring the electricity they use and how they control the temperature of their offices. Scope 3 emissions are calculated based on transportation mileage, data centre energy use, hotel stay duration, purchased goods and outsourced activities. The company also extended their Scope 3 to include energy used from its products. This includes transactions on POS terminals, online and mobile payments. Ayden measures its greenhouse gas footprint and compensates for this through carbon credits.
The company engages in numerous projects to offset its GHG emissions. Ayden was involved in the Vietstar Waste Treatment project. This project aimed to reduce methane emissions by establishing and operating composting facilities with the aim of treating organic matter at a landfill site in Vietnam. Ayden reports that it was able to prevent 30,824 tCO2e of organic waste from being released and that it created hundreds of jobs in this project.
Ayden’s GHG emissions were further reduced in 2020 as a result of the COVID-19 pandemic. A reduction in office space usage and travel made it so that Ayden could reduce its greenhouse emissions even further.
Going Green is Not Impossible
From companies like Ayden, we can see that there is potential to improve sustainability practices in every industry. Ayden is available in thousands of stores across the world, yet still manages to be environmentally conscious.
