Allegro Development Corporation Sustainability Profile
Allegro Development Corporation, commonly referred to as Allegro, is a leading provider of commodity trading and risk management (CTRM) solutions, headquartered in the United States. Founded in 1994, Allegro has established itself as a key player in the energy, commodities, and financial services industries, with a strong presence in North America and Europe. The company offers a comprehensive suite of software products designed to optimise trading operations, manage risk, and enhance regulatory compliance. Allegro's unique approach combines advanced analytics with user-friendly interfaces, setting it apart in a competitive market. With a commitment to innovation, Allegro has achieved significant milestones, including numerous industry awards and recognitions, solidifying its position as a trusted partner for businesses navigating the complexities of commodity markets.
DitchCarbon Score
How does Allegro Development Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Allegro Development Corporation's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Allegro Development Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of ION Group, which may influence its climate strategy and reporting practices. Despite the lack of direct emissions data, Allegro Development Corporation's climate commitments and reduction initiatives are not explicitly outlined. There are no documented reduction targets or climate pledges available, suggesting that the company may still be in the early stages of formalising its sustainability strategy. As a subsidiary, Allegro's climate initiatives may align with broader goals set by ION Group, but specific details regarding these initiatives or any cascading targets from parent organisations are not provided. The absence of data highlights a potential area for improvement in transparency and commitment to climate action within the organisation.
How Carbon Intensive is Allegro Development Corporation's Industry?
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Allegro Development Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Allegro Development Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
