Nu Holdings Ltd., commonly referred to as Nu, is a pioneering financial technology company headquartered in California. Founded in 2013, Nu has rapidly established itself as a leader in the digital banking sector, primarily serving the Latin American market, with significant operations in Brazil and Mexico.
The company offers a range of innovative financial products, including credit cards, personal loans, and digital banking services, all designed to enhance user experience through technology and transparency. Nu's unique approach to customer service and its commitment to financial inclusion have garnered widespread recognition, positioning it as a formidable player in the fintech industry.
With a focus on simplifying financial services, Nu has achieved remarkable milestones, including millions of active users and substantial funding rounds, solidifying its reputation as a transformative force in the banking landscape.
-4 vs industry average
Nu Holdings’s score of 36 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Computer Services is among the least carbon-intensive industries
Industry performance
The Computer Services industry has reduced its overall emissions by 19% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nu Holdings's reported carbon emissions
In 2024, Nu Holdings reported total carbon emissions of approximately 44,885,020 kg CO2e, comprising Scope 1 emissions of 24,400 kg CO2e, Scope 2 emissions of 204,800 kg CO2e, and Scope 3 emissions of 43,885,620 kg CO2e. This data reflects a comprehensive assessment of their carbon footprint across all relevant scopes. In 2023, the company recorded total emissions of approximately 14,478,800 kg CO2e, with Scope 1 emissions at 23,100 kg CO2e, Scope 2 emissions at 221,200 kg CO2e, and Scope 3 emissions at 14,478,800 kg CO2e. The 2022 figures showed total emissions of approximately 15,759,900 kg CO2e, with Scope 1 at 67,300 kg CO2e, Scope 2 at 92,400 kg CO2e, and Scope 3 at 15,759,900 kg CO2e. Despite these emissions, Nu Holdings has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s climate strategy appears to be in its early stages, with no significant pledges or initiatives currently reported. Nu Holdings operates from its headquarters in California and is committed to transparency in its emissions reporting, although it has not cascaded any emissions data from a parent or related organization. The company continues to monitor its carbon footprint and may develop further climate commitments in the future.
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Nu Holdings’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Nu Holdings yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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Nu Holdings
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