Robinhood

Robinhood, a US-headquartered company in the financial intermediation services industry, reported total carbon emissions of approximately 63.6 million kg CO2e in 2024. This figure includes Scope 1 emissions of 232,000 kg CO2e, Scope 2 location-based emissions of 1.6 million kg CO2e, and Scope 3 emissions of about 63.4 million kg CO2e. Key contributors to Scope 3 emissions in 2024 included purchased goods and services (approximately 54.4 million kg CO2e), business travel (about 5.7 million kg CO2e), and employee commute (approximately 1.7 million kg CO2e).

In 2023, Robinhood's Scope 1 emissions were approximately 62.9 million kg CO2e, and Scope 3 emissions were around 62.5 million kg CO2e. For 2022, the total emissions stood at about 72.6 million kg CO2e, comprising Scope 1 emissions of 421,000 kg CO2e (primarily from stationary combustion), Scope 2 location-based emissions of 1.9 million kg CO2e, and Scope 3 emissions of approximately 72.2 million kg CO2e. In 2021, the company reported Scope 1 emissions of 157,900 kg CO2e, Scope 2 emissions of 958,400 kg CO2e, and Scope 3 emissions of about 106.8 million kg CO2e.

Robinhood has committed to achieving climate neutrality for its direct emissions by offsetting the impact of office natural gas usage. Between 2023 and 2025, the company has purchased 158 tonnes CO2e of kelp sequestration carbon removal units to address its Scope 1 and Scope 2 emissions.