Public Profile

Celo

Celo, officially known as Celo, Inc., is a pioneering blockchain platform headquartered in the United States. Founded in 2017, Celo focuses on creating a financial ecosystem that promotes accessibility and inclusivity, particularly in emerging markets. The company operates primarily in North America, Europe, and various regions in Africa and Latin America. Celo's core offerings include a decentralised platform for mobile payments and a suite of tools designed to facilitate the development of decentralised applications (dApps). What sets Celo apart is its unique approach to mobile-first technology, enabling users to transact using their phone numbers rather than traditional wallet addresses. With a strong commitment to social impact, Celo has garnered recognition for its innovative solutions, positioning itself as a leader in the blockchain industry. Its notable achievements include partnerships with various organisations aimed at enhancing financial inclusion globally.

DitchCarbon Score

How does Celo'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.

3

Industry Average

Mean score of companies in the Financial Intermediation 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.

13

Industry Benchmark

Celo's score of 3 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

Celo's reported carbon emissions

Celo, headquartered in the US, currently does not have available data on carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that Celo may still be in the early stages of formalising its climate commitments or reporting on its carbon footprint. As the industry increasingly prioritises sustainability, it will be essential for Celo to establish clear emissions reduction goals and strategies to align with global climate standards.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Celo's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Celo is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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.

Celo is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers