Obligo Sustainability Profile
Obligo, a leading innovator in the financial technology sector, is headquartered in the United States and operates primarily across North America. Founded in 2018, the company has quickly established itself as a pioneer in the rental payment solutions industry, offering a unique service that eliminates the need for traditional security deposits. Obligo's core product allows tenants to secure their rental agreements with a simple, streamlined process, enhancing the leasing experience for both renters and property owners. This approach not only improves cash flow for landlords but also provides tenants with greater financial flexibility. With a strong market position, Obligo has garnered recognition for its commitment to transforming the rental landscape, making it a notable player in the fintech arena.
DitchCarbon Score
How does Obligo'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 Computer 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.
Industry Benchmark
Obligo's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Obligo's reported carbon emissions
In 2024, Obligo reported total carbon emissions of approximately 14,099,054,000 kg CO2e. This figure represents a significant increase from 2022, when emissions were about 60,953,000 kg CO2e. The data does not specify emissions by scope (Scope 1, 2, or 3), and there is no available information for 2021. Obligo has set long-term net zero targets for both Scope 1 and Scope 2 emissions, aiming for reductions starting in 2023 and continuing until 2050. These commitments are part of their broader strategy to enable companies to meet their net zero pledges through their Carbon Centric service. As of now, there are no SBTi (Science Based Targets initiative) reduction targets reported, and the emissions data is not cascaded from any parent organisation. Obligo's climate commitments reflect a growing awareness of the need for sustainability in the corporate sector, aligning with industry standards for climate action.
How Carbon Intensive is Obligo's Industry?
How Carbon Intensive is Obligo's Location?
Obligo'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.
Obligo 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.
