Nu Holdings Ltd
Nu Holdings's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Nu Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Nu Holdings amounted to 244.1 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nu Holdings increased by 52.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Nu Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nu Holdings's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Nu Holdings were 23 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Nu Holdings reduced its Scope 1 emissions over time?
Since 2020, Nu Holdings's Scope 1 emissions have decreased by 48.55%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Nu Holdings's Scope 1 emissions decreased by 65.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Nu Holdings's Scope 2 emissions?
In 2023, Nu Holdings reported Scope 2 greenhouse gas (GHG) emissions of 221.1 tCOâ‚‚e using the location-based method.
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 85.49%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Nu Holdings's Scope 2 emissions (Location-Based) rose by 139.29% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Nu Holdings use for Scope 2 reporting?
In 2023, Nu Holdings reported its Scope 2 emissions using the location-based method.
Nu Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Nu Holdings's Value Chain Emissions
In 2023, Nu Holdings reported 12,345.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Nu Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nu Holdings's Scope 3 emissions?
In 2023, Nu Holdings reported total Scope 3 emissions of 12,345.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Nu Holdings reduced its Scope 3 emissions over time?
Since 2020, Nu Holdings's Scope 3 emissions have increased by 182.97%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Nu Holdings's Scope 3 emissions remained relatively stable, indicating that Nu Holdings 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Nu Holdings disclose?
In 2023, Nu Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Nu Holdings's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 3,058.4 tCOâ‚‚e (35.86%)
- Business Travel (Cat. 6): 2,637.9 tCOâ‚‚e (30.93%)
- Other/Unspecified Sources: 2,133.3 tCOâ‚‚e (25.01%)
Nu Holdings's Scope 3 Emissions by Categories
Insights into Nu Holdings's Total Carbon Footprint
In 2023, Nu Holdings reported a total carbon footprint of 12,589.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.79% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Nu Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.06% of the company's total carbon footprint, followed by Scope 2 emissions at 1.76%.