Operating Sustainably
We are working to improve our environmental footprint through a measurement plan and sustainability programs. Since 2019, we've completed an annual greenhouse gas (GHG) inventory, each year expanding our reporting scope across our value chain and ensuring data quality through external assurance.
We report Scope 1, 2, and 3 emissions across our value chain, including building operations, cloud usage and contracted co-located data centers (we do not own or operate data centers), employee work from home, purchased goods and services, marketing, and business travel.
Scope 2: 100% Offset
Through renewable energy purchases, we were able to zero our Scope 2 emissions.
Scope 1/Scope 3
We invested in high-quality carbon removal credits to cover a portion of our emissions.
Carbon Management:
Removal and Renewable Energy
We are proud to have taken steps to reduce our impact on the environment and intend to continue developing our clean energy and carbon removal strategies.*
5
New solar plants funded in partnership through a Fixed-Price Virtual Power Purchase Agreement
8,892
Metric tons of CO2 equivalent carbon removal purchases, reforestation, and kelp sequestration to date
52,000
Metric tons of CO2 equivalent of carbon avoidance estimated from projects to date
129,329
Megawatt-hours of wind RECs to reduce emissions purchased to date
*Information on this page is as of August 2024
Efficiency and Emission Reduction Strategies
Reducing our carbon impact through energy efficiency and emissions reduction strategies remains Robinhood’s most significant opportunity to reduce our environmental footprint. We are proud to take these steps to reduce our environmental impact. We procured 6,550 MWh of Green-e® Energy Certified wind Renewable Energy Credits (RECs).