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., headquartered in the US, reported total carbon emissions of approximately 5,212,000 kg CO2e across all scopes. This figure includes 404,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 282,600 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 4,525,400 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. In comparison, the 2021 emissions data indicates that Olo Inc. had significantly higher Scope 1 emissions at 533,000,000 kg CO2e, although no Scope 2 or Scope 3 data was disclosed for that year. This suggests a potential shift in their operational practices or reporting methods. Currently, Olo Inc. has not established any specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets indicates a need for further commitment to climate action within their operational framework.
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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.
