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.
How does Nu Holdings'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.
Mean score of companies in the Computer Services 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.
Nu Holdings's score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nu Holdings, headquartered in California, currently does not have any publicly available carbon emissions data for the most recent year. As such, there are no specific figures regarding their Scope 1, 2, or 3 emissions. Additionally, the company has not outlined any formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. While there is no emissions data or reduction initiatives reported, it is important to note that Nu Holdings is part of a growing trend in the financial services sector, where companies are increasingly recognising the importance of sustainability and climate action. The absence of specific data may indicate an opportunity for Nu Holdings to develop and communicate a clearer strategy regarding their carbon footprint and climate commitments in the future.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nu Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
