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Financial Intermediation
US
updated 6 months ago

Chime Inc.

Company website

Chime Inc., a leading financial technology company headquartered in the United States, has been revolutionising the banking experience since its founding in 2013. With a focus on providing accessible and user-friendly banking solutions, Chime operates primarily across major urban regions in the US, catering to millions of customers seeking alternatives to traditional banking. Chime's core offerings include a no-fee spending account, a high-yield savings account, and a unique early direct deposit feature, which sets it apart in the competitive fintech landscape. The company has achieved significant milestones, including rapid user growth and recognition for its innovative approach to personal finance management. As a prominent player in the neobanking sector, Chime continues to redefine how consumers engage with their finances, making banking simpler and more transparent.

DitchCarbon Score

How does Chime Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

23

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

28

Industry Benchmark

Chime Inc.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Chime Inc.'s reported carbon emissions

Inherited from WorldRemit Ltd

Chime Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of WorldRemit Ltd, which may influence its climate commitments and performance metrics. Chime Inc. has not publicly disclosed any reduction targets or specific climate initiatives, nor does it appear to have cascaded targets from its parent organisation. This lack of data suggests that while Chime Inc. may be engaged in sustainability efforts, detailed information on their carbon footprint and climate strategies is not currently accessible. As a part of the broader industry context, companies in the financial technology sector are increasingly recognising the importance of addressing climate change and are encouraged to adopt science-based targets to reduce their carbon emissions. However, without specific commitments or data, it is challenging to assess Chime Inc.'s position in this regard.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20152016201720182019
Scope 1
12,400,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
33,344,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
10,698,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chime Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Chime Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Chime Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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