Robinhood

In 2023, Robinhood reported total carbon emissions of approximately 6,800,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 393,000 kg CO2e, while Scope 2 emissions totalled approximately 1,634,000 kg CO2e. The majority of their emissions came from Scope 3, amounting to around 5,773,000 kg CO2e, which includes significant contributions from purchased goods and services (about 56,510,000 kg CO2e) and employee commuting (approximately 1,813,000 kg CO2e). In 2022, Robinhood's total emissions were reported at about 72,585,000 kg CO2e, with Scope 1 emissions at approximately 421,000 kg CO2e and Scope 2 emissions at around 1,872,000 kg CO2e. The Scope 3 emissions for that year were significant, reaching about 72,164,000 kg CO2e. The 2021 data indicated total emissions of approximately 119,000,000 kg CO2e, with Scope 1 emissions at about 158,000 kg CO2e and Scope 2 emissions at around 958,000 kg CO2e. Scope 3 emissions were notably high, at approximately 118,285,000 kg CO2e. Despite these figures, Robinhood has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments places Robinhood in a challenging position within the industry, where many companies are increasingly adopting ambitious climate strategies to mitigate their environmental impact.