- Key Highlights
- Sustainability Strategy and Goals
- Progress vs. Target Tracker
- Key Sustainability Innovations and Technologies
- Measurable Impacts
- Challenges and Areas for Improvement
- Future Plans and Long-Term Goals
- Comparisons to Industry Competitors
- Fintech Sustainability: Block vs. Peers
- What to Watch: 12 to 18 Month Indicators
Block, Inc. (NYSE: XYZ), the global financial technology company formerly known as Square and operating Square, Cash App, Afterpay, TIDAL, Bitkey, and TBD, has built one of the most ambitious sustainability programs in the fintech sector, anchored by a net zero carbon commitment for all operations by 2030, an industry-leading timeline for a company of its scale and reach. With full-year 2024 gross profit of $8.89 billion, up 14% year over year, and gross payment volume of $61.95 billion in Q4 2024 alone, Block’s environmental decisions carry growing consequence as it scales across 35 countries. The company publishes an annual Business Sustainability Report, a CDP Climate Disclosure, and a 2023 Corporate Social Responsibility Report, with the 2024 Business Sustainability document released in January 2025 and the 2025 CDP Disclosure filed in October 2025.
Block received a CDP Climate Score of “B” for the second consecutive year in the 2025 assessment, placing it among management-category corporate climate leaders and above the global average for financial services companies. In January 2024, Block published its first Commerce and Climate Survey, examining how small businesses view climate risk, and simultaneously announced new sustainability targets extending its 2030 commitment. The 2024 Business Sustainability Report confirms that Block has already exceeded both its SBTi near-term Scope 1 and 2 target and its Scope 3 intensity reduction target, years ahead of the 2030 deadline.
Key Highlights
- Net zero carbon for all operations by 2030, covering Scope 1, 2, and primary Scope 3 categories, committed December 2020
- SBTi near-term Scope 1 and 2 target: 46.2% absolute reduction by 2030 vs. 2019 baseline of 33,295 tCO2e; already exceeded as of 2023
- SBTi value chain Scope 3 target: 55% reduction in emissions intensity (tCO2e per $1M gross profit) by 2030 vs. 2019 baseline; already exceeded as of 2023
- Total 2024 carbon footprint: 407,346 tCO2e; Scope 3 represents 98.92% of total
- Carbon emissions intensity: 22 tCO2e per $1M gross profit in 2024, down 79.8% from 109 tCO2e per $1M gross profit in 2019
- 125,000 metric tonnes of verified carbon removed through Block’s carbon credit portfolio in 2024; 257,000 metric tonnes covered by forward purchase agreements
- 1,800,000 pounds of oceanbound plastics funded for reclamation in 2024 across Indonesia, Vietnam, Ghana, and India, up from 1,500,000 pounds in 2023
- Square Reader manufactured with 50% post-consumer recycled plastics at a factory running on 100% renewable energy; GreenCircle certified and Amazon Climate Pledge Friendly
- 35,850 Renewable Energy Certificates (RECs) purchased globally in 2024
- $10 million Bitcoin Clean Energy Initiative (BCEI) committed to scale renewable energy in the Bitcoin mining ecosystem
- CDP “B” grade for the second consecutive year in the 2025 climate assessment
- 25 Squared Grant Initiative (2025): microgrants to 25 nonprofits across Utah through the Community Foundation of Utah
Source
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://block.xyz/csr/2023/climate-action
https://block.xyz/inside/block-achieves-b-grade-in-2025-cdp-climate-assessment-signaling-strong-progress-toward-net-zero-leaders
Sustainability Strategy and Goals
Block’s sustainability strategy explicitly connects environmental and financial inclusion objectives, treating clean energy access and economic empowerment as mutually reinforcing goals rather than parallel tracks. The strategy is structured around three pillars: climate action (decarbonising operations and value chain), customer and community empowerment (financial access for underserved populations), and responsible governance (supply chain accountability and workforce equity). Block’s SBTi targets align with the 1.5°C pathway, and its 2030 net zero timeline predates most financial services peers including PayPal (2040), Visa (2040), and Mastercard (2040) by a decade.
Net Zero and Carbon Emissions
Block committed to net zero carbon for all operations by 2030, making it one of the first fintech companies globally to set a sub-2035 net zero target. Total 2024 carbon footprint was 407,346 tCO2e, a figure dominated by Scope 3 at 98.92% of total, while Scope 1 and 2 combined represent less than 1.1% of the total footprint, reflecting the near-complete renewable energy coverage of all operated facilities. Carbon emissions intensity reached 22 tCO2e per $1M gross profit in 2024, down from 109 tCO2e per $1M gross profit in 2019, a 79.8% reduction over five years.
- Scope 1 emissions 2024: approximately 2,510 tCO2e; Scope 2 market-based 2024: approximately 1,900 tCO2e; Scope 3 2024: approximately 402,936 tCO2e
- Total carbon footprint 2024: 407,346 tCO2e; Scope 3 share: 98.92%
- Carbon emissions intensity 2024: 22 tCO2e per $1M gross profit (2019 baseline: 109 tCO2e per $1M gross profit; 79.8% reduction)
- SBTi near-term Scope 1 and 2 target: 46.2% absolute reduction by 2030 vs. 2019 baseline of 33,295 tCO2e; target already exceeded
- SBTi Scope 3 intensity target: 55% reduction by 2030 vs. 2019 baseline; target already exceeded
- 35,850 RECs purchased across global markets in 2024 to cover all electricity consumption
- Net zero target: 2030 across Scope 1, 2, and primary Scope 3 categories
Water Stewardship
As a primarily digital, asset-light company with no owned data centers and a distributed workforce model, Block’s operational water footprint is minimal. The company does not publish water consumption or water reduction targets in its Business Sustainability Report, reflecting the immateriality of water use in its own operations. Block’s 2023 CSR Report confirms that global offices are designed to reduce water consumption and waste generation, with sustainability criteria embedded in leased office selection.
- No owned data centers; water consumption exposure confined to leased office facilities globally
- Office sustainability criteria include water efficiency standards at all major leased properties
- No formal water reduction target or water consumption figure published as of March 2026
Regenerative Agriculture
This pillar does not apply to Block’s core financial technology operations. The company has no agricultural or land-use activities. Block’s Square platform serves food and beverage merchants and farmers markets, but no agricultural sustainability requirements have been incorporated into the merchant onboarding framework.
Deforestation and Biodiversity
Block has not published formal deforestation or biodiversity commitments as of March 2026. The company’s oceanbound plastic reclamation program, funding the collection of 1,800,000 pounds of at-risk plastic in coastal communities across Indonesia, Vietnam, Ghana, and India in 2024, represents its most material physical environmental conservation action. This program protects marine and coastal biodiversity by intercepting plastic before it enters ocean ecosystems.
- Oceanbound plastic reclamation: 1,800,000 pounds funded in 2024 (up from 1,500,000 pounds in 2023) across Indonesia, Vietnam, Ghana, and India
- No formal deforestation policy or biodiversity baseline published as of March 2026
- No corporate land-use commitments; Block operates without a fixed headquarters
Packaging and Circular Economy
Block’s Square Reader hardware product represents the company’s most tangible circular economy achievement. The current generation Square Reader is manufactured using 50% post-consumer recycled plastic at a factory that runs on 100% renewable energy, has received GreenCircle certification for recycled content claims, and carries the Amazon Climate Pledge Friendly badge. This positions Square Reader as one of the most sustainable point-of-sale hardware products in the global merchant technology market.
- Square Reader: 50% post-consumer recycled plastic content; manufactured at a 100% renewable energy factory
- GreenCircle certified for recycled content; Amazon Climate Pledge Friendly certified
- Estimated virgin plastic avoidance: not yet published; GreenCircle certification implies verified weight reduction in virgin plastic use
- No published packaging reduction target for the broader hardware portfolio (Square Terminal, Square Stand, Square Register)
- No end-of-life hardware take-back or refurbishment program publicly documented as of March 2026
Human Rights and Responsible Sourcing
Block’s Supplier Code of Conduct covers environmental standards, labour rights, and responsible sourcing for its hardware supply chain, centred on the factories producing Square devices. The company has taken public positions on social equity in financial services, allocating $25 million in 2021 to minority and underserved business lenders through its Sustainable Banking Initiative. Block has not published a UN Guiding Principles-aligned human rights due diligence report as of March 2026.
- $25 million Sustainable Banking Initiative: fully deployed to minority and underserved business lenders by end-2023
- Supplier Code of Conduct covering environmental and labour standards for hardware manufacturing partners
- Investments in Indigenous-owned ventures in Australia and Canada as part of community equitable finance programs
- No standalone human rights due diligence report aligned with UN Guiding Principles published as of March 2026
Community and Social Impact
Block’s community impact strategy is anchored in its core mission of economic empowerment for individuals and small businesses that have been underserved or excluded from traditional financial systems. Square Financial Services launched the 25 Squared Grant Initiative in September 2025, expanding its Utah-based community finance program by awarding at least $2,500 in microgrants to 25 nonprofits through the Community Foundation of Utah, building on the earlier 2024 community grant program. Block also operates the Business Class platform, connecting small business owners with free educational resources, and continues to offer free financial management tools through Square.
- 25 Squared Grant Initiative (2025): at least $2,500 to 25 nonprofits across Utah via Community Foundation of Utah
- 2024 Community Grant Initiative: grants to Utah nonprofits supporting financial education and resilience
- $25 million Sustainable Banking Initiative: fully invested in minority and underserved lending by end-2023
- Block Commerce and Climate Survey (January 2024): first published survey examining how small businesses experience and respond to climate risk
- Business Class: free educational platform for small business owners across 35 countries
- Cash App: serves over 57 million monthly transacting actives globally as of 2024, with particular penetration in underserved U.S. communities
Governance and Transparency
Block publishes its Business Sustainability Report, an annual CDP Disclosure, and a CSR Report following GRI and SASB frameworks, with GHG emissions subject to limited third-party assurance. The company received CDP “B” in 2025 for the second consecutive year, reflecting established governance, data systems, and concrete decarbonisation action. Block’s SBTi targets are externally validated and the company’s California AB-1305 Carbon Credit Disclosure provides transparent reporting on the carbon credits used to offset residual operational emissions.
Technology and Innovation
Block’s most unique sustainability technology initiative is the Bitcoin Clean Energy Initiative (BCEI), a $10 million commitment to accelerate the adoption of renewable energy in the Bitcoin mining ecosystem globally. Through BCEI, Block has partnered with Gridless Compute in East Africa to deploy solar-powered Bitcoin mining at off-grid rural energy sites, simultaneously providing clean electricity to local communities and generating hashrate revenue to fund energy infrastructure expansion. This positions Block as the only major fintech company actively investing in clean energy Bitcoin mining as a sustainability strategy.
- Bitcoin Clean Energy Initiative (BCEI): $10 million committed; supports solar, wind, and hydropower mining globally
- Gridless partnership (East Africa): solar-powered off-grid Bitcoin mining providing community electricity access alongside renewable hashrate
- Square Reader hardware: 50% post-consumer recycled plastic; manufactured at 100% renewable energy facility; GreenCircle and Amazon Climate Pledge Friendly certified
- 125,000 metric tonnes of verified carbon removed in 2024 via Block’s diversified carbon credit portfolio
- 257,000 metric tonnes of additional carbon removal secured via forward purchase agreements
- 35,850 RECs purchased in 2024 to maintain carbon-neutral electricity for all operated facilities
- Bitkey self-custody hardware wallet: designed for energy-efficient decentralised finance applications
Global Partnerships and Advocacy
Block is a signatory to the Science Based Targets initiative and an active member of RE100 through its renewable energy procurement program. The BCEI functions as a public resource hub for miners, utilities, and policymakers seeking to understand and implement renewable energy in the Bitcoin ecosystem, extending Block’s sustainability influence beyond its own operations into a global industrial sector. Block has engaged publicly on climate policy through its annual Commerce and Climate Survey, creating a first-of-its-kind dataset on small business climate risk perception.
Source
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://block.xyz/inside/press-release-net-zero-carbon-2022
https://block.xyz/csr/2023/climate-action
https://block.xyz/inside/clean-energy-bitcoin-mining
Progress vs. Target Tracker
Source
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://tracenable.com/company/block/climate-targets
https://block.xyz/inside/press-release-net-zero-carbon-2022
Key Sustainability Innovations and Technologies
Block’s most distinctive sustainability innovation is the Bitcoin Clean Energy Initiative (BCEI), which reconceives Bitcoin mining not as an environmental liability but as a potential driver of renewable energy infrastructure in under-electrified communities. The partnership with Gridless Compute in East Africa deploys solar-powered mining at off-grid sites, providing the economic anchor that makes clean energy generation financially viable for communities that previously lacked grid access entirely. As of April 2025, sustainable energy reached 52.4% of total Bitcoin mining electricity globally (42.6% renewables plus 9.8% nuclear), representing a 39% growth from 37.6% in 2022, a shift that Block’s BCEI has actively contributed to.
- BCEI: $10 million committed to scalable, renewable-energy-based Bitcoin mining globally; East Africa Gridless partnership operational
- Global Bitcoin mining sustainable energy share: 52.4% in April 2025 (Cambridge Centre for Alternative Finance), up from 37.6% in 2022
- Square Reader: 50% post-consumer recycled plastic; factory on 100% renewable energy; GreenCircle certified; Amazon Climate Pledge Friendly
- 125,000 metric tonnes of verified carbon removed in 2024 via diversified removal portfolio (direct air capture, biochar, enhanced weathering, and soil carbon)
- 257,000 metric tonnes secured via forward purchase agreements, locking in long-term removal at early-mover pricing
- 1,800,000 pounds of oceanbound plastics funded for interception in 2024, a 20% increase from 1,500,000 pounds in 2023
- Commerce and Climate Survey (2024): first dataset examining climate risk as experienced by small merchants globally, creating a new category of sustainability data for financial services companies
Source
https://block.xyz/inside/clean-energy-bitcoin-mining
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://www.businesswire.com/news/home/20240129640369/en/Block-Publishes-First-Commerce-and-Climate-Survey-and-Announces-Its-Sustainability-Commitment
Measurable Impacts
Block’s 2024 data confirms that carbon emissions intensity fell from 109 tCO2e per $1M gross profit in 2019 to 22 tCO2e per $1M gross profit in 2024, a 79.8% reduction that has delivered both Block’s SBTi Scope 1 and 2 target and its Scope 3 intensity target years ahead of schedule. Total 2024 carbon footprint is 407,346 tCO2e, with Scope 3 at 98.92% of the total, and 125,000 metric tonnes of this footprint has been removed through verified carbon credits in 2024 alone, covering approximately 30.7% of the total annual footprint. The oceanbound plastic reclamation program grew from 1,500,000 pounds funded in 2023 to 1,800,000 pounds in 2024, a consistent 20% year-over-year increase demonstrating a scaling commitment rather than a one-time investment.
Block’s gross profit trajectory reinforces the decoupling narrative: while gross profit grew from approximately $1.7 billion in 2019 to $8.89 billion in 2024 (a 423% increase), total carbon footprint intensity per dollar of output fell by 79.8%. This is one of the most complete documented cases of absolute decoupling between growth and emissions intensity in the global fintech sector.
- Carbon emissions intensity 2024: 22 tCO2e per $1M gross profit (2019 baseline: 109 tCO2e per $1M; 79.8% reduction)
- Total carbon footprint 2024: 407,346 tCO2e (Scope 3: 98.92%)
- Verified carbon removed in 2024: 125,000 metric tonnes (30.7% of total footprint)
- Forward carbon removal secured: 257,000 metric tonnes via purchase agreements
- Oceanbound plastic funded for reclamation: 1,800,000 lbs in 2024 vs. 1,500,000 lbs in 2023 (+20% YoY)
- RECs purchased in 2024: 35,850 across global markets
- SBTi near-term Scope 1 and 2 target: exceeded ahead of 2030 deadline
- SBTi Scope 3 intensity target: exceeded; 79.8% achieved vs. 55% required by 2030
Source
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://tracenable.com/company/block/climate-targets
https://www.cnbc.com/2025/02/20/block-xyz-earnings-q4-2024.html
Challenges and Areas for Improvement
Block’s most material sustainability gap is the Scope 3 boundary definition and category-level transparency. At 98.92% of total footprint, Scope 3 dominates the entire emissions picture, yet Block does not publish a category-level breakdown of which Scope 3 categories are included in the reported 402,936 tCO2e figure. For a fintech company whose value chain includes hardware manufacturing, global data center tenancy, employee business travel, and financial capital flows, the absence of a category-level Scope 3 disclosure makes it impossible for investors and partners to assess which emissions sources are managed and which remain unaccounted.
The second challenge is the scope of the hardware sustainability commitment. Block has confirmed that the Square Reader meets a 50% recycled content threshold, but the broader hardware portfolio, including Square Terminal, Square Register, and Square Stand, which together represent a substantially larger volume of manufactured units, has no published recycled content target or sustainability certification. Given that Block’s Square ecosystem is deployed across hundreds of thousands of merchants globally, the per-unit environmental footprint of these devices at scale is significant.
- Scope 3 represents 98.92% of total footprint (402,936 tCO2e in 2024) but no category-level breakdown is published
- Scope 3 boundary limited to “primary” categories; financial sector Scope 3 from capital flows and financed activities not yet disclosed
- Hardware sustainability certification confirmed only for Square Reader; Square Terminal, Register, and Stand have no published recycled content targets
- No end-of-life hardware take-back, refurbishment, or responsible e-waste program publicly documented as of March 2026
- No water consumption data or targets published, even for energy-intensive leased data center facilities used by all Block products
- No formal deforestation or biodiversity commitment, despite oceanbound plastic program’s coastal biodiversity co-benefits
- Bitcoin Clean Energy Initiative at $10 million represents less than 0.4% of Block’s 2024 operating expenses; scaling this investment is necessary to match Block’s stated influence in the Bitcoin ecosystem
- No published Scope 1 and 2 verified audit for FY2024, relying on limited rather than reasonable assurance
Source
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://block.xyz/csr/2023/climate-action
https://tracenable.com/company/block/climate-targets
Future Plans and Long-Term Goals
Block’s forward-looking sustainability commitments centre on the 2030 net zero target, with all SBTi-validated interim targets already exceeded, creating an unusual position where the company must now define the next set of milestones that will credibly chart the remaining five years of the decarbonisation journey. The oceanbound plastic program’s annual 20% growth trajectory, if sustained, would bring funded reclamation to approximately 3.7 million pounds annually by 2030, more than doubling the 2024 figure. Block’s BCEI partnership ecosystem is expected to expand as Bitcoin’s global sustainable energy share grows beyond the current 52.4% milestone.
Block has signalled through its 2025 Investor Day that it plans to deepen the intersection of financial inclusion and sustainability, using Cash App, Square, and Afterpay to extend services to underbanked and climate-vulnerable communities, particularly in emerging markets. No formal post-2030 net zero pathway or 2050 commitment has been published as of March 2026.
- Net zero carbon across all operations by 2030
- SBTi near-term targets (Scope 1, 2, and Scope 3 intensity): already exceeded ahead of 2030 deadline
- Continued scaling of oceanbound plastic reclamation: 1,800,000 lbs funded in 2024, growing at 20% annually
- Forward carbon removal portfolio: 257,000 metric tonnes of additional removal locked in via purchase agreements
- Bitcoin Clean Energy Initiative: ongoing expansion of renewable mining partnerships globally
- Square hardware portfolio: target to extend 50%+ recycled content certification to full hardware range (not yet formally committed)
- No formal 2050 net zero or beyond-net-zero commitment published as of March 2026
Source
https://block.xyz/inside/press-release-net-zero-carbon-2022
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://block.xyz/inside/clean-energy-bitcoin-mining
Comparisons to Industry Competitors
Block’s 2030 net zero timeline is the most aggressive among its primary fintech competitors, with PayPal targeting net zero by 2040, Visa by 2040, and Stripe operating as carbon neutral for operations but without a formal net zero deadline. PayPal reported a 79% operational emissions reduction compared to its 2019 baseline in 2024, achieving a total emissions figure of approximately 467 million kg CO2e, driven primarily by Scope 3. Stripe has focused its sustainability strategy on carbon removal rather than emissions reduction, investing in 25+ carbon removal technology startups through the Frontier initiative, which collectively removed 21,671 tonnes of CO2 in 2025, a 121% increase from 2024.
Fintech Sustainability: Block vs. Peers
Source
PayPal sustainability: https://newsroom.paypal-corp.com/2025-05-07-Building-a-Better-Future-PayPals-2024-Global-Impact-Report
Stripe climate: https://www.sirona.tech/climage-goals/stripe
Block sustainability: https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
What to Watch: 12 to 18 Month Indicators
First indicator: Whether Block publishes a category-level Scope 3 breakdown in its FY2025 Business Sustainability Report, expected in early 2026. With Scope 3 representing 98.92% of total emissions and no category-level transparency currently available, this is the single most important disclosure gap in Block’s sustainability reporting. A category-level breakdown would reveal whether the 402,936 tCO2e figure accounts only for purchased goods and services and business travel, or whether it also includes downstream impacts from Bitcoin held on its balance sheet, Afterpay’s merchant network, and the financial activity flowing through Cash App. Any material reclassification of Scope 3 boundaries in the FY2025 report would also reset the baseline against which the 2030 net zero target is tracked.
Second indicator: Whether Block announces a recycled content target and GreenCircle certification for the full Square hardware portfolio (Terminal, Register, Stand) by end of 2026. The Square Reader certification demonstrates that the manufacturing partner and material sourcing infrastructure exists to achieve this. A portfolio-wide commitment covering all hardware products would make Block’s circular economy claim material at scale rather than representative only of the entry-level reader device. Any absence of such an announcement by end of 2026 would confirm that the Reader certification is a product-level initiative rather than a company-wide manufacturing standard.
Third indicator: Whether the Bitcoin Clean Energy Initiative scales its $10 million commitment to a larger follow-on fund, following the global Bitcoin mining sustainable energy milestone of 52.4% in 2025. Block’s BCEI currently represents less than 0.4% of its annual operating expenses. As the Bitcoin network’s hashrate continues to grow and institutional adoption accelerates, the energy demand of mining will increase proportionally. A second BCEI fund announcement at $25 million or above would demonstrate that Block is treating clean energy Bitcoin mining as a core sustainability infrastructure investment rather than a fixed-point commitment.
Source
https://block.xyz/documents/Block-2024-Business-Sustainability.pdf
https://block.xyz/inside/clean-energy-bitcoin-mining
https://tracenable.com/company/block/climate-targets
Block has achieved something rare in corporate sustainability: it has exceeded both its SBTi near-term targets ahead of schedule while growing gross profit by 423% over the same period, demonstrating one of the most complete documented cases of growth-emissions decoupling in the global fintech sector. Its hardware innovation with the Square Reader, the oceanbound plastic reclamation program growing at 20% annually, and the Bitcoin Clean Energy Initiative are three genuinely differentiated sustainability contributions that no comparable fintech peer has replicated. The gap is in Scope 3 transparency and the scope of the hardware sustainability program beyond the entry-level Reader device.
For CSOs and ESG practitioners benchmarking against Block or building fintech sustainability frameworks, three strategic takeaways apply.
First, Block’s decision to measure carbon performance as emissions intensity per dollar of gross profit rather than absolute emissions is both a transparency risk and a strategic insight. It is a risk because intensity metrics can mask absolute emission growth if revenues scale faster than reduction efforts. It is an insight because for a digital platform company growing at 14% annually, intensity-based targets are more economically honest than absolute targets that penalise growth. Practitioners designing sustainability metrics for high-growth digital platforms should adopt dual metrics: intensity targets tied to growth and absolute targets tied to physical infrastructure.
Second, the Bitcoin Clean Energy Initiative is the most original sustainability program in the fintech sector precisely because it uses a financial product, Bitcoin mining, as a mechanism for renewable energy deployment in energy-poor communities. The Gridless model in East Africa, where solar-powered mining generates the revenue that makes off-grid rural electrification economically viable, is a direct application of Block’s core thesis that financial products and clean energy infrastructure can reinforce each other. Practitioners in the intersection of climate finance and energy access should study this model as a replicable template for deploying productive finance in underserved energy markets.
Third, Block’s 2030 net zero target is the most credible in fintech by timeline, but it will only remain credible if the FY2025 sustainability report resolves the Scope 3 boundary opacity. A company where 98.92% of emissions are Scope 3 but where no category-level breakdown is published is, in practice, operating a net zero commitment based on an unmeasured majority of its footprint. Resolving this is not a technical challenge, Block has the CDP infrastructure and SBTi validation systems in place, but requires a governance decision to define and disclose the full Scope 3 inventory.
