Plan A Case Studies Aligning Growth and Sustainability: A Case Study on Payhawk

Edit This Case Study Record

	Aligning Growth and Sustainability: A Case Study on Payhawk Plan A

Aligning Growth and Sustainability: A Case Study on Payhawk

Plan A

Technology Category	Platform as a Service (PaaS) - Application Development Platforms
Use Cases	Continuous Emission Monitoring Systems Inventory Management
Challenge	Payhawk, a leading global spend management solution for enterprise businesses, is experiencing rapid growth. As the company expands, it is committed to aligning its growth with sustainability. The challenge lies in ensuring that the company's growth does not lead to an increase in its carbon emissions. Payhawk aims to incorporate sustainability into its core operations and DNA. The company's employees are equally engaged in this mission, with the goal of becoming a green financial solution for all. The company needed a way to measure and reduce its carbon emissions as it continues to grow. Read More
About Customer	Payhawk is a leading global spend management solution for enterprise businesses. The company, which is the first-ever Bulgarian unicorn, has made waves in Europe and beyond with its all-in-one financial management solution for companies. Payhawk's product consolidates several financial services into one comprehensive platform. As the company grows, it is committed to aligning its growth with sustainability. Payhawk's employees are equally engaged in this mission, with the goal of becoming a green financial solution for all. Read More
Solution	To address this challenge, Payhawk partnered with Plan A, a company that provides a carbon accounting and sustainability reporting platform. The platform was used to collect emissions data from Payhawk's four offices in Europe. This data was then used to calculate Payhawk's baseline emissions across all scopes. This provided Payhawk with a clear understanding of their emissions, which they could then use as a benchmark for measuring and reducing future emissions. The results of this solution have enabled Payhawk to engage its 200+ employees in the decarbonisation process and drive emissions reduction across the entire organisation. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Application Development Platforms

Use Cases

Continuous Emission Monitoring Systems

Inventory Management

Challenge

Payhawk, a leading global spend management solution for enterprise businesses, is experiencing rapid growth. As the company expands, it is committed to aligning its growth with sustainability. The challenge lies in ensuring that the company's growth does not lead to an increase in its carbon emissions. Payhawk aims to incorporate sustainability into its core operations and DNA. The company's employees are equally engaged in this mission, with the goal of becoming a green financial solution for all. The company needed a way to measure and reduce its carbon emissions as it continues to grow.

About Customer

Payhawk is a leading global spend management solution for enterprise businesses. The company, which is the first-ever Bulgarian unicorn, has made waves in Europe and beyond with its all-in-one financial management solution for companies. Payhawk's product consolidates several financial services into one comprehensive platform. As the company grows, it is committed to aligning its growth with sustainability. Payhawk's employees are equally engaged in this mission, with the goal of becoming a green financial solution for all.

Solution

To address this challenge, Payhawk partnered with Plan A, a company that provides a carbon accounting and sustainability reporting platform. The platform was used to collect emissions data from Payhawk's four offices in Europe. This data was then used to calculate Payhawk's baseline emissions across all scopes. This provided Payhawk with a clear understanding of their emissions, which they could then use as a benchmark for measuring and reducing future emissions. The results of this solution have enabled Payhawk to engage its 200+ employees in the decarbonisation process and drive emissions reduction across the entire organisation.

Impact #1	The partnership between Payhawk and Plan A has set a milestone for decarbonisation in the fintech sector. The carbon management platform provided by Plan A has given Payhawk a complete baseline emissions measurement for 2021. This includes emissions data for four offices and over 200 employees. Based on these results, Payhawk is now able to dive into deep decarbonisation processes and establish a decarbonisation plan. Plan A also provided engagement tools and strategies to keep the entire organisation motivated towards the same net-zero goals. Looking ahead, Payhawk plans to assess its entire ESG performance to uncover current and future opportunities. This will serve as a basis for developing its ESG strategy, primarily to stay ahead of regulatory shifts in the region.

Impact #1

The partnership between Payhawk and Plan A has set a milestone for decarbonisation in the fintech sector. The carbon management platform provided by Plan A has given Payhawk a complete baseline emissions measurement for 2021. This includes emissions data for four offices and over 200 employees. Based on these results, Payhawk is now able to dive into deep decarbonisation processes and establish a decarbonisation plan. Plan A also provided engagement tools and strategies to keep the entire organisation motivated towards the same net-zero goals. Looking ahead, Payhawk plans to assess its entire ESG performance to uncover current and future opportunities. This will serve as a basis for developing its ESG strategy, primarily to stay ahead of regulatory shifts in the region.

Benefit #1	100% Baseline emissions measurement for 2021 was achieved.
Benefit #2	Data was collected from four offices across Europe.
Benefit #3	Over 200 employees were engaged in the decarbonisation process.

Benefit #1

100% Baseline emissions measurement for 2021 was achieved.

Benefit #2

Data was collected from four offices across Europe.

Benefit #3

Over 200 employees were engaged in the decarbonisation process.

Download PDF Version

Overview

Aligning Growth and Sustainability: A Case Study on Payhawk

Operational Impact

Quantitative Benefit