Nerdwallet
NerdWallet, Inc., commonly known as NerdWallet, is a leading personal finance company headquartered in the United States. Founded in 2010, it has rapidly established itself as a trusted resource for consumers seeking financial guidance. The company primarily operates in the financial technology sector, focusing on areas such as credit cards, loans, insurance, and investment advice. NerdWallet's core offerings include comprehensive comparison tools and educational resources that empower users to make informed financial decisions. Its unique approach combines user-friendly interfaces with in-depth analysis, setting it apart in a competitive market. With millions of users and a strong online presence, NerdWallet has achieved significant recognition, solidifying its position as a go-to platform for personal finance solutions.
DitchCarbon Score
How does Nerdwallet'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.
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.
Industry Benchmark
Nerdwallet's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nerdwallet's reported carbon emissions
In 2023, Nerdwallet reported total carbon emissions of approximately 43,067,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 30,000 kg CO2e, while Scope 2 emissions amounted to approximately 109,000 kg CO2e. The majority of their emissions, approximately 43,670,000 kg CO2e, fell under Scope 3, which includes categories such as purchased goods and services (about 40,298,000 kg CO2e) and business travel (around 567,000 kg CO2e). In 2022, the company’s total emissions were slightly lower at about 43,042,200 kg CO2e, with Scope 1 emissions at approximately 18,000 kg CO2e and Scope 2 emissions at around 73,000 kg CO2e. The Scope 3 emissions for that year were significant, comprising the bulk of their carbon footprint. Despite these figures, Nerdwallet has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of defined climate commitments suggests a need for further transparency regarding their environmental strategies. As a financial services company headquartered in the US, Nerdwallet's emissions profile reflects broader industry trends, highlighting the importance of addressing carbon footprints in the corporate sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 18,000 | 00,000 |
| Scope 2 | 73,000 | 000,000 |
| Scope 3 | 43,042,200 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Nerdwallet is not committed to any reduction initiatives 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.
