Nu Holdings Ltd
Nu Holdings's GHG Emissions Data Preview
In 2024, Nu Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Nu Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Nu Holdings’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Nu Holdings’s data sources below and access millions more through our Disclosure Search.
Insights into Nu Holdings's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Nu Holdings amounted to 229.2 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nu Holdings decreased by 6.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Nu Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nu Holdings's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Nu Holdings were 24.4 metric tons of CO₂ equivalent (tCO₂e). a
Has Nu Holdings reduced its Scope 1 emissions over time?
Since 2020, Nu Holdings's Scope 1 emissions have decreased by 45.41%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Nu Holdings's Scope 1 emissions increased by 5.63%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Nu Holdings's Scope 2 emissions?
In 2024, Nu Holdings reported Scope 2 greenhouse gas (GHG) emissions of 204.8 tCO₂e using the location-based method. a
Has Nu Holdings reduced its Scope 2 emissions over time?
Since 2020, Nu Holdings's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 71.81%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Nu Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nu Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Nu Holdings use for Scope 2 reporting?
In 2024, Nu Holdings reported its Scope 2 emissions using the location-based method. a
Nu Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Nu Holdings's Value Chain Emissions
In 2024, Nu Holdings reported 31,934.81 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Nu Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Nu Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nu Holdings's Scope 3 emissions?
In 2024, Nu Holdings reported total Scope 3 emissions of 31,934.81 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Nu Holdings reduced its Scope 3 emissions over time?
Since 2020, Nu Holdings's Scope 3 emissions have increased by 631.98%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Nu Holdings's Scope 3 emissions increased by 158.68%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Nu Holdings disclose?
In 2024, Nu Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Nu Holdings's Scope 3 emissions?
In 2024, the largest contributors to Nu Holdings's Scope 3 emissions were: a
- Other/Unspecified Sources: 11,950.81 tCO₂e (54.8%)
- Business Travel (Cat. 6): 4,799.6 tCO₂e (22.01%)
- Purchased Goods and Services (Cat. 1): 4,730.1 tCO₂e (21.69%)
Nu Holdings's Scope 3 Emissions by Categories
Insights into Nu Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Nu Holdings reported Scope 1 greenhouse gas (GHG) emissions of 24.4 tCO₂e and total revenues of USD 8,133 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD. a
Nu Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Nu Holdings's GHG emissions intensity compare to its peers?
In 2024, Nu Holdings reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 0.65 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Nu Holdings rank on GHG emissions intensity within its industry?
In 2024, Nu Holdings ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Nu Holdings among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Nu Holdings's Total Carbon Footprint
In 2024, Nu Holdings reported a total carbon footprint of 32,164.01 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 155.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Nu Holdings's total carbon footprint was Scope 3 emissions, accounting for 99.29% of the company's total carbon footprint, followed by Scope 2 emissions at 0.64%. a