Wealthsimple Inc., a leading Canadian fintech company headquartered in Toronto, Ontario, has been revolutionising the investment landscape since its founding in 2014. Operating primarily in Canada, the United States, and the United Kingdom, Wealthsimple offers a range of innovative financial services designed to simplify investing for everyone. The company is renowned for its user-friendly platform that provides automated investing, financial planning, and tax-efficient investment strategies. Wealthsimple's unique approach combines cutting-edge technology with a commitment to transparency and low fees, making it accessible to a diverse clientele. With significant milestones such as the launch of Wealthsimple Trade, a commission-free trading platform, the company has established itself as a market leader in the robo-advisory space. Wealthsimple continues to garner recognition for its commitment to ethical investing and financial literacy, solidifying its position as a trusted partner in personal finance.
How does Wealthsimple Inc.'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 Business Services 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.
Wealthsimple Inc.'s score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wealthsimple Inc., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Wealthsimple may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a financial services firm, Wealthsimple operates in an industry where climate commitments are increasingly important. However, without specific emissions data or reduction initiatives, it remains unclear how the company plans to address its environmental impact or contribute to broader climate goals.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wealthsimple Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
