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.
How does Revolut'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 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.
Revolut's score of 15 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Revolut reported total carbon emissions of approximately 130,500 kg CO2e, with Scope 1 emissions at about 19,600 kg CO2e and Scope 2 emissions at around 110,900 kg CO2e. The company has shown a commitment to reducing its carbon footprint over the years, with emissions decreasing from approximately 144,400 kg CO2e in 2021 to 130,500 kg CO2e in 2023. Revolut's emissions data indicates a focus on Scope 2 emissions, which are associated with the energy purchased and consumed by the company. Notably, there have been no reported Scope 3 emissions during this period. Despite the positive trend in emissions reduction, Revolut has not set specific reduction targets or climate pledges as part of its sustainability strategy. The company continues to monitor its emissions and aims to enhance its climate commitments in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 00,000 | 00,000 | 00,000 |
Scope 2 | 337,900 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | - |
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.
Revolut 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.