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 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 totalled approximately 109,000 kg CO2e. The majority of their emissions, approximately 43,000,000 kg CO2e, fell under Scope 3, which includes categories such as purchased goods and services (about 40,298,000 kg CO2e) and business travel (approximately 567,000 kg CO2e). In 2022, NerdWallet's emissions were slightly lower, with total emissions of about 43,042,200 kg CO2e. This included Scope 1 emissions of approximately 18,000 kg CO2e and Scope 2 emissions of about 73,000 kg CO2e. The Scope 3 emissions for that year were also significant, primarily driven by purchased goods and services. Despite these figures, NerdWallet has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates independently, with no emissions data cascaded from a parent organisation. Overall, NerdWallet's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the bulk of their carbon footprint, while the company continues to explore potential climate commitments in the future.
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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 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.
