Convoy Sustainability Profile
Convoy, a leading technology-driven freight network, is headquartered in the United States and operates extensively across North America. Founded in 2015, the company has rapidly established itself in the logistics and transportation industry, focusing on optimising freight movement through innovative solutions. Convoy's core offerings include a digital freight marketplace that connects shippers with carriers, utilising advanced algorithms to enhance efficiency and reduce costs. This unique approach not only streamlines the shipping process but also promotes sustainability by minimising empty miles. Recognised for its significant contributions to the industry, Convoy has garnered numerous accolades, positioning itself as a frontrunner in the freight technology sector. With a commitment to transforming logistics, Convoy continues to set benchmarks for operational excellence and customer satisfaction.
DitchCarbon Score
How does Convoy'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 Land Transportation 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
Convoy's score of 14 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Convoy's reported carbon emissions
In 2022, Convoy, headquartered in the US, reported total carbon emissions of approximately 98,000,000 kg CO2e across various scopes. The breakdown of emissions includes Scope 1 emissions from stationary combustion at 57,000 kg CO2e and Scope 2 emissions from purchased electricity at 229,000 kg CO2e. The majority of their emissions stem from Scope 3, with significant contributions from downstream leased assets at about 96,980,000 kg CO2e, business travel at 810,000 kg CO2e, and employee commuting at 605,000 kg CO2e. Convoy has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not inherit emissions data from a parent organisation, and all reported figures are derived directly from Convoy, Inc. Overall, while Convoy has made strides in transparency regarding its emissions, the lack of defined reduction strategies highlights an area for potential improvement in their climate commitments.
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| 2022 | |
|---|---|
| Scope 1 | 57,000 |
| Scope 2 | 229,000 |
| Scope 3 | 105,405,000 |
How Carbon Intensive is Convoy's Industry?
How Carbon Intensive is Convoy's Location?
Convoy's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 92% of Scope 3 emissions.
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Convoy'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.
Convoy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
