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 57% 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 is as follows: - **Scope 1**: 57,000 kg CO2e from stationary combustion. - **Scope 2**: 229,000 kg CO2e from purchased electricity. - **Scope 3**: Significant contributions include 81,000 kg CO2e from business travel, 605,000 kg CO2e from employee commuting, and a substantial 96,980,000 kg CO2e from downstream leased assets. Convoy has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a potential area for future development in their sustainability strategy. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by Convoy, Inc. This comprehensive emissions profile highlights the company's current impact and underscores the need for strategic climate action moving forward.
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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.
