Bolt Technology OU, commonly known as Bolt, is a prominent player in the mobility and transportation industry, headquartered in Estonia (EE). Founded in 2013, the company has rapidly expanded its operations across Europe, Africa, and beyond, establishing a strong presence in major urban centres. Bolt offers a diverse range of services, including ride-hailing, electric scooter rentals, and food delivery, all designed to provide convenient and eco-friendly transportation solutions. What sets Bolt apart is its commitment to affordability and sustainability, making it a preferred choice for users seeking efficient travel options. With a focus on innovation, Bolt has achieved significant milestones, including millions of rides completed and a growing fleet of electric vehicles. As a leader in the mobility sector, Bolt continues to redefine urban transport, positioning itself as a key competitor in the global market.
How does Bolt Technology Ou'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.
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.
Bolt Technology Ou's score of 48 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bolt Technology OÜ, headquartered in Estonia, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established a comprehensive framework for its sustainability goals. Bolt Technology OÜ has committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2040. This commitment includes a substantial reduction target of 90% for absolute Scope 1, 2, and 3 greenhouse gas emissions, using 2022 as the baseline year. Additionally, the company aims to reduce its absolute Scope 1 emissions by 42% by 2030. In terms of energy sourcing, Bolt Technology OÜ plans to increase its annual procurement of renewable electricity from approximately 19.8% in 2022 to 100% by 2025, and to maintain this 100% renewable electricity sourcing through 2030. Furthermore, the company has set a target to reduce its Scope 3 emissions by 51.6% per service kilometre by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, demonstrating Bolt Technology OÜ's commitment to addressing climate change effectively. The company's initiatives reflect a proactive approach to sustainability within the software and services sector, positioning it as a leader in corporate climate responsibility.
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.
Bolt Technology Ou is participating in some 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.
