Robinhood Markets Inc
Robinhood Markets's GHG Emissions Data Preview
In 2024, Robinhood Markets 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).
Robinhood Markets has also provided a category-level breakdown for 8 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.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 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.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
a
b
a
b
a
b
a
b
a
b
a
b
a
b
aVerified Sources Behind Robinhood Markets’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 Robinhood Markets’s data sources below and access millions more through our Disclosure Search.
Insights into Robinhood Markets's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Robinhood Markets amounted to 1,861 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 Robinhood Markets decreased by 8.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
Robinhood Markets's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Robinhood Markets's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Robinhood Markets were 232 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2023), Robinhood Markets's Scope 1 emissions decreased by 40.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
What are Robinhood Markets's Scope 2 emissions?
In 2024, Robinhood Markets reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 1,629 tCO₂e using the location-based method. a
Has Robinhood Markets reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Robinhood Markets's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Robinhood Markets 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does Robinhood Markets use for Scope 2 reporting?
In 2024, Robinhood Markets reported its Scope 2 emissions using the market-based method and using the location-based method. a
Robinhood Markets's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Robinhood Markets's Value Chain Emissions
In 2024, Robinhood Markets reported 59,723 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 Robinhood Markets includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Robinhood Markets's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Robinhood Markets's Scope 3 emissions?
In 2024, Robinhood Markets reported total Scope 3 emissions of 59,723 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.44% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Robinhood Markets's Scope 3 emissions remained relatively stable, indicating that Robinhood Markets 's emissions have plateaued with no significant change in its value chain footprint. a b
What categories of Scope 3 emissions does Robinhood Markets disclose?
In 2024, Robinhood Markets reported emissions for 8 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 Robinhood Markets's Scope 3 emissions?
In 2024, the largest contributors to Robinhood Markets's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 56,754 tCO₂e (85.79%)
- Business Travel (Cat. 6): 5,701 tCO₂e (8.62%)
- Employee Commuting (Cat. 7): 1,951 tCO₂e (2.95%)
Robinhood Markets's Scope 3 Emissions by Categories
Insights into Robinhood Markets’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Robinhood Markets reported Scope 1 greenhouse gas (GHG) emissions of 232 tCO₂e and total revenues of USD 2,952 millions. This translates into an emissions intensity of 0.08 tCO₂e per millions USD. a
Robinhood Markets's Scope 1 Emissions Intensity Compared to Peers
How does Robinhood Markets's GHG emissions intensity compare to its peers?
In 2024, Robinhood Markets reported a Scope 1 emissions intensity of 0.08 tCO₂e per millions USD. Compared to the peer group median of 0.27 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Robinhood Markets rank on GHG emissions intensity within its industry?
In 2024, Robinhood Markets ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Robinhood Markets is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Robinhood Markets's Total Carbon Footprint
In 2024, Robinhood Markets reported a total carbon footprint of 61,584 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.88% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Robinhood Markets's total carbon footprint was Scope 3 emissions, accounting for 96.98% of the company's total carbon footprint, followed by Scope 2 emissions at 2.65%. a