Olo Inc. Sustainability Profile
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 27 is lower than 52% 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 2022, Olo Inc. reported total carbon emissions of approximately 5,212,000 kg CO2e, with emissions distributed across various scopes: 404,000 kg CO2e from Scope 1, 282,600 kg CO2e from Scope 2, and a significant 5,200,000 kg CO2e from Scope 3. This data reflects a comprehensive disclosure of emissions, indicating Olo's commitment to transparency in its environmental impact. In 2021, Olo's emissions were notably higher, with Scope 1 emissions alone reaching 533,000,000 kg CO2e. This stark difference highlights a potential shift in operational practices or reporting accuracy over the years. Despite these figures, Olo Inc. has not established specific reduction targets or initiatives, nor have they committed to any climate pledges or SBTi targets. The absence of documented reduction strategies suggests that while Olo is aware of its carbon footprint, it may need to enhance its climate commitments to align with industry standards and expectations. Olo Inc. operates independently without cascading emissions data from a parent company, indicating that all reported figures are derived solely from its own operations. As the company continues to grow, it may benefit from setting measurable targets to reduce its carbon emissions and contribute positively to climate action.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | 0,000,000 |
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Olo Inc.'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.
Olo Inc. 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.
