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.
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.
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.
Cloudbuy's score of 26 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 targets through the Science Based Targets initiative (SBTi). CloudBuy commits to reducing its Scope 1 and Scope 2 emissions by 50% by 2030, using 2018 as the baseline year. This target is aligned with the necessary reductions to limit global warming to 1.5°C, reflecting the company's dedication to climate action. Additionally, CloudBuy plans to measure and reduce its Scope 3 emissions, further enhancing its sustainability efforts. These targets were approved through a streamlined validation route specifically designed for small and medium-sized enterprises (SMEs), underscoring CloudBuy's proactive approach to addressing climate change. The company is focused on implementing effective strategies to achieve these reductions and contribute positively to the environment.
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 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.
