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Public Profile
Financial Intermediation
CA
updated 5 months ago

Mogo Inc.

Company website

Mogo Inc., a prominent Canadian fintech company headquartered in Vancouver, British Columbia, has been a key player in the financial services industry since its founding in 2003. With a focus on providing innovative digital solutions, Mogo offers a range of products including personal loans, a cryptocurrency platform, and a unique credit score monitoring service. The company has distinguished itself by integrating technology with financial wellness, making it easier for consumers to manage their finances. Mogo's commitment to transparency and user-friendly services has earned it a strong market position, appealing to a growing demographic seeking alternative financial solutions. Over the years, Mogo has achieved significant milestones, solidifying its reputation as a leader in the evolving landscape of digital finance in Canada.

DitchCarbon Score

How does Mogo Inc.'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.

23

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.

27

Industry Benchmark

Mogo Inc.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Mogo Inc.'s reported carbon emissions

Mogo Inc., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, Mogo has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. Given the lack of emissions data and reduction initiatives, Mogo's climate commitments remain unclear. The company may be in the early stages of developing its sustainability strategy or may not have publicly disclosed its climate-related efforts. As the industry increasingly prioritises carbon neutrality and sustainability, Mogo's future commitments and actions will be crucial in aligning with these global standards.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mogo Inc.'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. This request for Mogo Inc. is in CA, which has a low grid carbon intensity relative to other regions.

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.

Mogo Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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