Loom, officially known as Loom, Inc., is a leading video messaging platform headquartered in the United States. Founded in 2015, Loom has rapidly established itself in the tech industry, primarily focusing on enhancing communication through asynchronous video. With a strong presence in North America and expanding operations globally, Loom caters to businesses and individuals seeking efficient ways to share information. The platform's core offerings include video recording, screen sharing, and collaboration tools, which stand out for their user-friendly interface and seamless integration with popular productivity applications. Notable achievements include significant funding rounds and a growing user base, positioning Loom as a key player in the remote work and digital communication landscape. As organisations increasingly embrace hybrid work models, Loom continues to innovate, making it an essential tool for effective communication.
How does Loom Subscription'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.
Mean score of companies in the Business Services 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.
Loom Subscription's score of 23 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Loom Subscription reported total carbon emissions of approximately 151,000,000 kg CO2e from Scope 1, 80,000,000 kg CO2e from Scope 2, and 220,000,000 kg CO2e from Scope 3 emissions. This indicates a slight decrease in Scope 1 and Scope 2 emissions compared to previous years, with Scope 1 emissions down from about 154,000,000 kg CO2e in 2018 and Scope 2 emissions increasing from 70,000,000 kg CO2e in the same year. However, Scope 3 emissions rose from 210,000,000 kg CO2e in 2018, highlighting ongoing challenges in managing indirect emissions, particularly from purchased goods and services. Loom Subscription has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for emissions reduction. This lack of formal commitments may reflect broader industry trends where companies are increasingly scrutinised for their climate impact and sustainability practices. As Loom continues to operate, it will be essential for them to establish clear climate commitments to enhance their environmental responsibility and align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | |
---|---|---|---|
Scope 1 | 156,124,000 | 000,000,000 | 000,000,000 |
Scope 2 | 60,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 200,000,000 | 000,000,000 | 000,000,000 |
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.
Loom Subscription 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.