Robinhood Markets Inc

Common Name
Robinhood Markets
Country
United States
Sector
Financial Services
Industry
Capital Markets
Employees
2,300
Ticker
HOOD
Exchange
NASDAQ/NGS
Description
Robinhood Markets Inc. is a financial technology company that primarily offers commission-free trading of stocks, ETFs, and cryptocurrencies through its innovative mobile application and web platform....

Robinhood Markets's GHG Emissions Data Preview

In 2023, 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 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Robinhood Markets's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Robinhood Markets amounted to 2,027 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).

Robinhood Markets's Scope 1 Emissions Over Time

20230100200300400tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Robinhood Markets's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Robinhood Markets were 393 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Robinhood Markets's Scope 2 emissions?

In 2023, Robinhood Markets reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 1,634 tCOâ‚‚e using the location-based method.

What methodology does Robinhood Markets use for Scope 2 reporting?

In 2023, Robinhood Markets reported its Scope 2 emissions using the market-based method and using the location-based method.

Robinhood Markets's Scope 2 Emissions Over Time

202304509001.35 k1.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Robinhood Markets's Value Chain Emissions

In 2023, Robinhood Markets reported 63,406 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 Robinhood Markets includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain

Robinhood Markets's Scope 3 Emissions Over Time

2023020 k40 k60 k80 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Robinhood Markets's Scope 3 emissions?

In 2023, Robinhood Markets reported total Scope 3 emissions of 63,406 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.

What categories of Scope 3 emissions does Robinhood Markets disclose?

In 2023, Robinhood Markets reported emissions for 7 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 Robinhood Markets's Scope 3 emissions?

In 2023, the largest contributors to Robinhood Markets's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 57,105 tCOâ‚‚e (90.06%)
  • Business Travel (Cat. 6): 2,576 tCOâ‚‚e (4.06%)
  • Employee Commuting (Cat. 7): 2,054 tCOâ‚‚e (3.24%)

Robinhood Markets's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(3.2%)Purchased Goods andServices (Cat. 1)(90.1%)Business Travel(Cat. 6)(4.1%)

Insights into Robinhood Markets's Total Carbon Footprint

In 2023, Robinhood Markets reported a total carbon footprint of 65,433 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.

The largest contributor to Robinhood Markets's total carbon footprint was Scope 3 emissions, accounting for 96.9% of the company's total carbon footprint, followed by Scope 2 emissions at 2.5%.

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