Cielo S.A. (CIOXY)

Overall impact
B (71)

Commentary

Cielo S.A. is a strong overall performer. With a 'B' rating of 71.1 for overall impact (84th percentile compared to all companies), Cielo S.A. ranks 12th out of 51 industry peers, behind Digital River, Coupa Software, Temenos and 8 others, and ahead of Stoneco, Payment Data Systems, Repay Holdings and 36 others. On top material causes for Cielo S.A.'s industry (Financial Services), Cielo S.A. performs well in Racial Justice and Civil Rights (95.7 score), Free, Secure Flow of Information (80.8), Accountable Institutions (84.3) and 4 other causes where it received an 'A' score and performs poorly in Arts and Culture Access (37.3 score).
Impact
Cause CIOXY
Peer rank
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Company
Founded
1995
Employees
6,471
Sector
Financials
Industry
IT Services
Sub-industry
Transaction & Payment Processing Services
SASB industry
Consumer Finance
Headquarters
Sp, Brazil
Share classes
CIOXY
Description
Cielo S.A., through its subsidiaries, provides payment services in Brazil and the United States. The company provides services related to credit and debit cards, and other payment methods, including signing up of merchants and service providers; rental, installation, and maintenance of point-of-sale terminals; and data capture and processing of electronic and manual transactions, as well as the issuance and management of payment accounts. It also offers services related to the processing means of payments that involve cards, maintenance services, and contacts with merchants for acceptance of credit and debit cards; development and licensing of computer software; electronic transactions processing; and technology services for collection and management of accounts payable and receivable using the Internet. The company was formerly known as Companhia Brasileira de Meios de Pagamento and changed its name to Cielo S.A. in December 2009. Cielo S.A. was founded in 1995 and is headquartered in Barueri, Brazil.
Material causes
Ethos considers the following causes material for Cielo S.A., based on its industry sub-industry Transaction & Payment Processing Services. Learn more about material causes in our methodology overview.

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