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Revolut Bank UAB, commonly referred to as Revolut, is a prominent financial institution headquartered in Lithuania. Specialising in financial intermediation services, excluding insurance and pension funding, Revolut has established itself as a key player in the digital banking sector across Europe and beyond. Founded in 2015, the company has rapidly expanded its offerings to include innovative banking products such as multi-currency accounts, international money transfers, and expense management tools.
Revolut’s unique approach combines cutting-edge technology with user-centric financial services, enabling seamless global transactions and real-time currency exchange. Its market position is reinforced by a strong reputation for innovation and customer-centric solutions, making it a notable leader in the fintech industry. With a focus on modernising banking, Revolut continues to set industry standards through its diverse product suite and strategic growth initiatives.
-2 vs industry average
Revolut Bank UAB’s score of 35 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
In 2024, Revolut Bank UAB, a financial intermediation services provider based in LT, reported total carbon emissions of approximately 4.85 million kg CO2e. This figure includes Scope 1 emissions of about 5,900 kg CO2e, Scope 2 emissions of about 69,000 kg CO2e, and Scope 3 emissions of approximately 4.76 million kg CO2e.
The significant majority of their emissions stem from Scope 3 activities, primarily comprising purchased goods and services at approximately 4.20 million kg CO2e, followed by employee commute at about 339,000 kg CO2e, and business travel at approximately 136,000 kg CO2e. Other notable Scope 3 contributors include capital goods (about 11,000 kg CO2e), upstream leased assets (about 23,000 kg CO2e), waste generated in operations (about 20,000 kg CO2e), and fuel and energy-related activities (about 28,000 kg CO2e).
As of the latest data, no specific carbon reduction targets or commitments from the Science Based Targets initiative (SBTi) or other climate pledges are available for Revolut Bank UAB. This emissions data is directly attributed to Revolut Bank UAB.
No climate goals have been disclosed for Revolut Bank UAB yet.
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