Revolut Ltd, commonly known as Revolut, is a leading financial technology company headquartered in Great Britain. Founded in 2015, it has rapidly expanded its operations across Europe, North America, and Asia, positioning itself as a key player in the digital banking industry.
Revolut offers a range of innovative financial services, including multi-currency accounts, cryptocurrency trading, and budgeting tools, all designed to empower users with greater control over their finances. Its unique approach to banking, characterised by low fees and real-time spending notifications, has garnered a substantial user base.
With over 20 million customers globally, Revolut has achieved significant milestones, such as securing a banking licence in 2021, further solidifying its market position. As a pioneer in the fintech space, Revolut continues to redefine the way individuals manage their money in an increasingly digital world.
-4 vs industry average
Revolut’s score of 31 is higher than 51% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Revolut's reported carbon emissions
In 2021, Revolut reported a total of approximately 482,300 kg CO2e in emissions, all of which fall under Scope 2, indicating emissions from purchased electricity. The company has not disclosed any Scope 1 or Scope 3 emissions data for this year. Revolut has not set any specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of disclosed reduction targets suggests that the company is still in the early stages of formalising its climate strategy. As a financial technology firm headquartered in Great Britain, Revolut is part of an industry increasingly focused on sustainability and carbon neutrality. However, without specific commitments or targets, its current climate impact remains limited to the reported Scope 2 emissions.
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Revolut’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Revolut yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Revolut
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