Olo Inc.
Olo Inc., a leading technology company headquartered in the United States, has been at the forefront of the digital ordering and delivery solutions industry since its founding in 2005. With a strong presence across major operational regions, Olo serves a diverse range of clients in the restaurant sector, providing innovative services that streamline online ordering and enhance customer engagement. Olo's core offerings include its robust ordering platform, which integrates seamlessly with various point-of-sale systems, and its unique capabilities in managing delivery logistics. The company has achieved significant milestones, including partnerships with numerous well-known restaurant brands, solidifying its position as a trusted provider in the market. With a commitment to improving the customer experience, Olo continues to set industry standards through its cutting-edge technology and exceptional service.
DitchCarbon Score
How does Olo 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.
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
Olo Inc.'s score of 33 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Olo Inc.'s reported carbon emissions
In 2023, Olo Inc. reported total carbon emissions of approximately 7,000,060 kg CO2e, comprising 5,618,960 kg CO2e from Scope 1, 101,000 kg CO2e from Scope 2, and 2,214,000 kg CO2e from Scope 3 emissions. This represents a reduction in Scope 1 emissions from 7,109,190 kg CO2e in 2022, indicating a positive trend in their operational efficiency. Olo's emissions data for previous years shows a consistent pattern, with Scope 1 emissions decreasing from 7,109,190 kg CO2e in 2022 to 5,618,960 kg CO2e in 2023. Scope 2 emissions have remained stable at 101,000 kg CO2e across these years, while Scope 3 emissions have consistently been reported at 2,214,000 kg CO2e. Despite these reductions, Olo has not publicly committed to specific reduction targets or initiatives, such as those outlined by the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while Olo is actively monitoring its emissions, it may not yet have formalised a comprehensive strategy for future reductions. Overall, Olo Inc. is making strides in reducing its carbon footprint, particularly in Scope 1 emissions, while maintaining transparency in its reporting practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,665,240 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 101,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 2,214,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Olo 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.
