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Public Profile
Business Services
CA
updated a month ago

Wealthsimple Inc. Sustainability Profile

Company website

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.

DitchCarbon Score

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.

14

Industry Average

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.

26

Industry Benchmark

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.

10%

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Wealthsimple Inc.'s reported carbon emissions

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.

How Carbon Intensive is Wealthsimple Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Wealthsimple Inc.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Wealthsimple Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Wealthsimple Inc. is in CA, which has a very low grid carbon intensity relative to other regions.

Wealthsimple Inc.'s Climate Goals (2030 & 2050)

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Wealthsimple Inc.'s Emissions with Industry Peers

Mogo Inc.

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

Credit Karma, LLC.

US
•
Other business services (74)
Updated 19 days ago

Stripe, Inc.

US
•
Other business services (74)
Updated 2 months ago

E*TRADE

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Squarespace

US
•
Computer and related services (72)
Updated 2 months ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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