Obligo
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 17 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Obligo's reported carbon emissions
In 2023, Obligo reported total carbon emissions of approximately 14,099,054,000 kg CO2e. This figure represents a significant increase compared to 2022, when emissions were about 10,922,000 kg CO2e. The emissions data for 2021 is not specified, but the company has indicated a GHG intensity of 0.245 kg CO2e per unit of revenue for that year. Obligo has not disclosed specific reduction targets or initiatives as part of their climate commitments. There are no documented science-based targets or climate pledges available, indicating a potential area for improvement in their sustainability strategy. The absence of detailed scope emissions (Scope 1, 2, or 3) further highlights the need for enhanced transparency in their carbon footprint reporting. Overall, while Obligo's emissions figures are substantial, the lack of clear reduction strategies suggests that the company may need to develop more robust climate commitments to align with industry standards and expectations.
Industry emissions intensity
Location emissions intensity
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.
Obligo 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.
