XP, officially known as XP Inc., is a leading financial services firm headquartered in London, GB. Founded in 2001, the company has established a strong presence in the investment and wealth management sectors, primarily serving clients across Europe and Latin America. XP is renowned for its innovative trading platform and comprehensive suite of financial products, which include brokerage services, asset management, and investment advisory. With a commitment to transparency and customer-centric solutions, XP has garnered a significant market position, recognised for its rapid growth and technological advancements. The firm has achieved notable milestones, including a successful IPO in 2019, which further solidified its reputation as a key player in the financial industry. XP's unique approach combines cutting-edge technology with personalised service, setting it apart in a competitive landscape.
How does xp'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 Computer 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.
xp's score of 36 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, XP reported total carbon emissions of approximately 73,313,000 kg CO2e for Scope 1 and 15,335,000 kg CO2e for Scope 2, resulting in a combined total of about 100,747,000 kg CO2e for these scopes. Over the years, XP has demonstrated a significant reduction in emissions, with Scope 1 emissions decreasing from about 178,000,000 kg CO2e in 2013 to the latest figure in 2023. The company has also reported emissions for Scope 3, which totalled approximately 3,214,000 kg CO2e in 2022. However, there are currently no specific reduction targets or climate pledges disclosed by XP, indicating a potential area for future commitment. XP's emissions intensity has shown improvement, with Scope 1 emissions intensity decreasing from 1,750 kg CO2e per tonne in 2013 to 460 kg CO2e per tonne in 2023. This trend reflects XP's ongoing efforts to enhance sustainability practices and reduce its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 178,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000 |
Scope 2 | - | - | - | - | - | - | 000,000 | 00,000 | 000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
xp is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.