Cloudbuy
Cloudbuy, officially known as Cloudbuy plc, is a leading provider of cloud-based procurement solutions headquartered in Great Britain. Founded in 2013, the company has established itself in the e-commerce and procurement industry, focusing on streamlining purchasing processes for businesses of all sizes. With a strong presence in the UK and expanding operations in Europe, Cloudbuy offers unique services such as e-procurement platforms and marketplace solutions that enhance efficiency and transparency in supply chain management. The company is recognised for its innovative approach, having achieved significant milestones in digital transformation and procurement optimisation. Cloudbuy's commitment to delivering tailored solutions has positioned it as a key player in the market, helping organisations reduce costs and improve procurement practices.
DitchCarbon Score
How does Cloudbuy'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
Cloudbuy's score of 9 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cloudbuy's reported carbon emissions
CloudBuy Limited, headquartered in the United Kingdom, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established a target to reduce its Scope 1 and Scope 2 emissions by 50% by the year 2030, using 2018 as the baseline year. This commitment aligns with the Science Based Targets initiative (SBTi) and is designed to support the global goal of limiting temperature rise to 1.5°C. In addition to its focus on Scope 1 and Scope 2 emissions, CloudBuy is also committed to measuring and reducing its Scope 3 emissions, which encompass indirect emissions from its value chain. This comprehensive approach reflects the company's dedication to addressing its overall carbon footprint and contributing to climate action. As a small to medium enterprise (SME), CloudBuy's targets are particularly noteworthy, as they have been approved through a streamlined validation route tailored for SMEs. This demonstrates the company's proactive stance in tackling climate change and its commitment to sustainability within the software and services sector.
Industry emissions intensity
Location emissions 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.
Cloudbuy is committed to some 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.
