Largo Sustainability Profile
Largo, officially known as Largo Inc., is a prominent player in the technology sector, headquartered in California. Founded in 2010, the company has established itself as a leader in the development of innovative software solutions, particularly in the realms of data analytics and cloud computing. With a strong operational presence across North America and Europe, Largo has consistently delivered cutting-edge products that enhance business efficiency and decision-making. Largo's core offerings include advanced data management platforms and bespoke software development services, distinguished by their user-friendly interfaces and robust functionality. The company has achieved significant milestones, including recognition for its commitment to sustainability and innovation within the tech industry. As a trusted partner for numerous enterprises, Largo continues to solidify its market position through a focus on quality and customer satisfaction.
DitchCarbon Score
How does Largo'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 Salt and Mineral Mining 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
Largo's score of 19 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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Largo's reported carbon emissions
In 2023, Largo reported total carbon emissions of approximately 93,872,000 kg CO2e, with Scope 1 emissions accounting for about 93,872,000 kg CO2e and Scope 2 emissions at approximately 2,907,000 kg CO2e. The company also disclosed Scope 3 emissions, which included business travel (381,000 kg CO2e), employee commute (382,000 kg CO2e), and downstream transportation and distribution (2,775,000 kg CO2e). The combined total for Scope 1 and 2 emissions was about 96,779,000 kg CO2e. Comparatively, in 2022, Largo's total emissions were approximately 85,764,000 kg CO2e, indicating a significant increase in emissions in 2023. The Scope 1 emissions for 2022 were about 82,948,000 kg CO2e, while Scope 2 emissions were approximately 2,816,000 kg CO2e. The Scope 3 emissions remained consistent with the previous year. Largo has not set specific reduction targets or initiatives as part of its climate commitments, and there are no emissions reduction targets disclosed through the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organization, and all reported figures are derived directly from Largo Inc. Overall, while Largo has made strides in transparency regarding its emissions, the absence of defined reduction targets highlights an area for potential improvement in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 78,506,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 4,169,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Largo's Industry?
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Largo's Scope 3 Categories Breakdown
Largo's Scope 3 emissions, which increased by 0% last year and increased by approximately 0% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 78% of Scope 3 emissions.
Top Scope 3 Categories
Largo'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.
Largo 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.
