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 16 is higher than 83% 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. The breakdown includes about 30,000 kg CO2e from Scope 1, which covers direct emissions from owned or controlled sources, and approximately 109,000 kg CO2e from Scope 2, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 43,067,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain. Notably, significant contributors to Scope 3 emissions include purchased goods and services (approximately 40,298,000 kg CO2e) and business travel (around 567,000 kg CO2e). In 2022, Nerdwallet's emissions were slightly lower, totalling about 43,042,200 kg CO2e, indicating a marginal increase in their overall carbon footprint in 2023. Despite this, there are currently no publicly disclosed reduction targets or climate pledges from Nerdwallet, which suggests a need for more robust climate commitments in line with industry standards. As the company continues to grow, addressing its carbon emissions will be crucial for aligning with global climate goals.
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Add to project| 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.
