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.
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.
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.
Obligo's score of 20 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Obligo reported total carbon emissions of approximately 10,922,000 kg CO2e. This marks a significant decrease from 2023, when emissions were about 14,099,054,000 kg CO2e. The data indicates that Obligo is actively working towards reducing its carbon footprint, particularly in Scope 1 and Scope 2 emissions, with long-term net zero commitments set for 2050. Obligo's climate strategy includes initiatives aimed at achieving net zero emissions for both Scope 1 and Scope 2 by 2050. These commitments were initiated in 2023, reflecting the company's dedication to sustainability and climate responsibility. While specific reduction percentages have not been disclosed, the overarching goal is to enable significant reductions in emissions through their Carbon Centric services. Overall, Obligo's emissions data and climate commitments demonstrate a proactive approach to addressing climate change, aligning with industry standards for sustainability and carbon management.
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.
Obligo 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.