Public Profile

FloQast

FloQast, Inc., headquartered in the United States, is a leading provider of cloud-based financial close management solutions. Founded in 2013, the company has rapidly established itself within the financial technology industry, focusing on streamlining the month-end close process for finance teams. With a commitment to enhancing collaboration and accuracy, FloQast offers unique features such as close management software that integrates seamlessly with existing accounting systems. The company has achieved significant milestones, including recognition as a top workplace and a strong market position among mid-sized businesses. By prioritising user experience and operational efficiency, FloQast empowers finance professionals to close their books faster and with greater confidence, solidifying its reputation as a trusted partner in financial management.

DitchCarbon Score

How does FloQast'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.

10

Industry Average

Mean score of companies in the Financial Intermediation 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.

13

Industry Benchmark

FloQast's score of 10 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

FloQast's reported carbon emissions

In 2023, FloQast reported total carbon emissions of approximately 472,000,000 kg CO2e from Scope 2 and about 461,000 kg CO2e from Scope 1. This reflects a slight increase in Scope 2 emissions compared to 2022, where Scope 2 emissions were approximately 441,000,000 kg CO2e, while Scope 1 emissions decreased from about 686,000 kg CO2e. FloQast has not disclosed any specific reduction targets or initiatives related to their carbon emissions. However, the company is actively monitoring its emissions across both Scope 1 and Scope 2, which are critical for understanding their overall carbon footprint. As they continue to assess their impact, further commitments to climate action may be anticipated in the future.

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20222023
Scope 1
686,000
000,000
Scope 2
441,000,000
000,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FloQast's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. FloQast is headquartered in US, which has a rank of low, indicating low grid carbon 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.

FloQast is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers