Convoy
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 8 is lower than 71% 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 about 57,000 kg CO2e and Scope 2 emissions from purchased electricity at approximately 229,000 kg CO2e. The majority of their emissions stem from Scope 3, with significant contributions from downstream leased assets (about 96,980,000 kg CO2e), business travel (approximately 810,000 kg CO2e), and employee commuting (around 605,000 kg CO2e). Convoy has not set specific reduction targets or initiatives as part of their climate commitments, nor do they have any SBTi (Science Based Targets initiative) reduction targets. The absence of documented reduction initiatives suggests a need for further development in their sustainability strategy. The emissions data for 2021 and 2020 indicates a trend in emissions reporting, with 2021 figures not disclosed and 2020 emissions including approximately 91,510,500 kg CO2e from downstream leased assets and 588,000 kg CO2e from purchased electricity. Overall, while Convoy has made strides in emissions reporting, their climate commitments and reduction strategies appear to be in the early stages of development.
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| 2022 | |
|---|---|
| Scope 1 | 57,000 |
| Scope 2 | 229,000 |
| Scope 3 | 105,405,000 |
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.
Convoy is not participating in any 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.
