Nubank

Nubank's climate data is cascaded from its subsidiary, Nu Pagamentos S.A. - Instituição De Pagamento, for performance metrics.

In 2023, Nubank's reported Scope 1 emissions were approximately 36,800 kg CO2e, comprising 13,800 kg CO2e from mobile combustion, 18,800 kg CO2e from fugitive emissions, and 4,200 kg CO2e from stationary combustion. Scope 3 emissions for the same year totalled approximately 6,236,000 kg CO2e, with business travel accounting for 2,637,900 kg CO2e, employee commute for 540,700 kg CO2e, and purchased goods and services for 3,058,400 kg CO2e. Nubank did not disclose Scope 2 emissions for 2023.

In 2022, the company's Scope 1 emissions were approximately 67,800 kg CO2e, including 500 kg CO2e from mobile combustion, 65,200 kg CO2e from fugitive emissions, and 2,100 kg CO2e from stationary combustion. Scope 3 emissions in 2022 were approximately 4,723,900 kg CO2e, with business travel at 1,465,300 kg CO2e, employee commute at 542,400 kg CO2e, and purchased goods and services at 2,716,200 kg CO2e. Scope 2 emissions were not disclosed for 2022.

In 2021, Nubank's Scope 1 emissions were approximately 12,400 kg CO2e, consisting of 3,200 kg CO2e from mobile combustion, 100 kg CO2e from fugitive emissions, and 9,100 kg CO2e from stationary combustion. Scope 3 emissions were approximately 2,641,700 kg CO2e, with business travel at 263,100 kg CO2e, employee commute at 1,276,000 kg CO2e, and purchased goods and services at 1,102,600 kg CO2e. No Scope 2 emissions were disclosed for 2021.

In 2020, Nubank reported total emissions of approximately 4,526,800 kg CO2e. This included Scope 1 emissions of approximately 44,700 kg CO2e (43,500 kg CO2e from fugitive emissions), Scope 2 emissions of approximately 119,200 kg CO2e, and Scope 3 emissions of approximately 4,362,800 kg CO2e. Key Scope 3 categories included business travel at 104,100 kg CO2e, employee commute at 111,000 kg CO2e, purchased goods and services at 1,852,800 kg CO2e, and waste generated in operations at 56,100 kg CO2e.

Nubank does not currently have specific reduction targets or climate pledges, nor does it participate in the Science Based Targets initiative (SBTi) or RE100.