Block, Inc. (NYSE: XYZ) has received a 'B' grade, for the second consecutive year, in the 2025 CDP Climate Change assessment, as the business delivered against its climate strategy and transparent environmental commitments.
The CDP scoring system evaluates companies on a scale from A (leadership) to D- (minimal disclosure). The 'B' grade places Block in the "management" category of corporate climate leaders - companies that have established robust climate governance, pursued science-based targets, and are taking concrete action to reduce environmental impact.
"Small businesses, underserved communities, and emerging markets are the most vulnerable to climate impacts.” said Erin Archuleta, Director of External Affairs at Block. “By protecting the planet and building climate-resilient operations, we're also striving to protect the economic futures of the merchants and customers we serve.”
Block's CDP scorecard submission provided a roadmap for ongoing climate action and demonstrated that ambitious environmental targets are achievable in the financial services sector.
“We've delivered measurable results through renewable energy investments, hardware innovation, and supply chain engagement. We're focused on advancing our decarbonization efforts, supporting more resilient supply chain infrastructure, and collaborating on industry climate standards." Archuleta continued.
The businesses approach to date has delivered:
The company has identified clear opportunities for continued progress through:
Block remains committed to achieving true climate leadership within financial services.
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. Tidal is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone. Block.xyz
press@block.xyz
Block, Inc. (NYSE: XYZ) has received a 'B' grade, for the second consecutive year, in the 2025 CDP Climate Change assessment, as the business delivered against its climate strategy and transparent environmental commitments.
The CDP scoring system evaluates companies on a scale from A (leadership) to D- (minimal disclosure). The 'B' grade places Block in the "management" category of corporate climate leaders - companies that have established robust climate governance, pursued science-based targets, and are taking concrete action to reduce environmental impact.
"Small businesses, underserved communities, and emerging markets are the most vulnerable to climate impacts.” said Erin Archuleta, Director of External Affairs at Block. “By protecting the planet and building climate-resilient operations, we're also striving to protect the economic futures of the merchants and customers we serve.”
Block's CDP scorecard submission provided a roadmap for ongoing climate action and demonstrated that ambitious environmental targets are achievable in the financial services sector.
“We've delivered measurable results through renewable energy investments, hardware innovation, and supply chain engagement. We're focused on advancing our decarbonization efforts, supporting more resilient supply chain infrastructure, and collaborating on industry climate standards." Archuleta continued.
The businesses approach to date has delivered:
The company has identified clear opportunities for continued progress through:
Block remains committed to achieving true climate leadership within financial services.
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. Tidal is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone. Block.xyz
press@block.xyz