Bolt Technology Ou Sustainability Profile
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.
DitchCarbon Score
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.
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
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.
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Bolt Technology Ou's reported carbon emissions
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 greenhouse gas (GHG) reduction targets. Bolt Technology OÜ is committed to achieving net-zero GHG emissions across its entire value chain by 2040. This commitment includes a substantial reduction of absolute GHG emissions across all scopes (1, 2, and 3) by 90% from a 2022 baseline by the year 2040. Additionally, the company has set near-term targets to reduce absolute Scope 1 emissions by 42% by 2030 and to enhance its sourcing of renewable electricity from approximately 19.8% in 2022 to 100% by 2025, maintaining this 100% renewable sourcing through 2030. Furthermore, Bolt Technology OÜ aims to reduce its Scope 3 GHG emissions by 51.6% per service kilometre by 2030, also using 2022 as the baseline year. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, indicating a commitment to limiting global warming. Overall, Bolt Technology OÜ's climate strategy reflects a proactive approach to sustainability, positioning the company as a leader in the software and services sector in terms of environmental responsibility.
How Carbon Intensive is Bolt Technology Ou's Industry?
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Bolt Technology Ou'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.
Bolt Technology Ou has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
