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Public Profile
Computer Services
US
updated 8 months ago

Allegro Development Corporation

Company website

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.

23

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.

28

Industry Benchmark

Allegro Development Corporation's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

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Allegro Development Corporation's reported carbon emissions

Inherited from ION Group

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 identified as a current subsidiary and does not inherit emissions data from a parent organisation. In terms of climate commitments, Allegro has not established any documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi). The lack of specific climate pledges or reduction strategies suggests that Allegro is still in the early stages of formalising its approach to carbon emissions and sustainability. As the industry increasingly prioritises climate action, Allegro Development Corporation may need to consider developing measurable targets and strategies to align with global standards and expectations.

Industry emissions intensity

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Very high
Some industries are more carbon intensive than others. Allegro Development Corporation's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Allegro Development Corporation is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Allegro Development Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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