XP Inc
XP Inc., officially known as XP Investimentos, is a leading financial services firm headquartered in Brazil. Founded in 2001, the company has established itself as a key player in the investment and brokerage industry, primarily serving the Brazilian market and expanding its reach across Latin America. XP Inc. offers a diverse range of products and services, including investment advisory, asset management, and a robust trading platform, which distinguishes it from traditional financial institutions. The firm is renowned for its innovative approach to financial education and customer engagement, empowering clients to make informed investment decisions. With a strong market position, XP Inc. has achieved significant milestones, including its successful IPO in 2019, which marked a pivotal moment in its growth trajectory. The company continues to redefine the investment landscape in Brazil, fostering a culture of transparency and accessibility in finance.
DitchCarbon Score
How does XP 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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
XP Inc's score of 36 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
XP Inc's reported carbon emissions
In 2023, XP Inc reported total carbon emissions of approximately 6,322,190 kg CO2e. This figure includes 1,410,000 kg CO2e from Scope 1 emissions, 522,000 kg CO2e from Scope 2 emissions, and 4,390,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions comprised significant contributions from business travel (2,962,340 kg CO2e) and employee commuting (1,266,170 kg CO2e). Comparatively, XP Inc's emissions have fluctuated over the years, with total emissions recorded at 7,315,300 kg CO2e in 2020, 5,858,190 kg CO2e in 2021, and 6,597,000 kg CO2e in 2022. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in addressing climate change. Overall, XP Inc's emissions profile reflects a complex interplay of operational and indirect emissions, highlighting the importance of comprehensive strategies to mitigate their carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,649,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 245,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 3,613,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Inc 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.
