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Onfido, officially known as Onfido Limited, is a leading provider of identity verification and background checking solutions headquartered in the United Kingdom. Established in 2012, the company has grown to serve clients across Europe, North America, and Asia, specialising in financial intermediation services outside of insurance and pension funding sectors.
Operating within the financial technology industry, Onfido’s core offerings include identity verification, document authentication, and fraud prevention tools that leverage artificial intelligence and machine learning. These innovative services enable businesses to securely onboard customers and comply with regulatory requirements, setting Onfido apart in a competitive market. Recognised for its reliability and technological advancements, Onfido has established a strong market position as a trusted partner for financial institutions and fintech firms worldwide.
0 vs industry average
Onfido’s score of 37 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation has below-average carbon intensity
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Onfido, a UK-based financial intermediation services company, reported total carbon emissions of approximately 8,930,000 kg CO2e in 2022. This figure includes Scope 1 emissions of 29,000 kg CO2e, market-based Scope 2 emissions of 151,000 kg CO2e, and Scope 3 emissions of 8,750,000 kg CO2e. Key contributors to Scope 3 emissions in 2022 were purchased goods and services (5,741,000 kg CO2e), business travel (1,529,000 kg CO2e), and capital goods (1,010,000 kg CO2e).
Looking back, Onfido's total emissions have increased from 3,319,000 kg CO2e in 2019, to 4,076,000 kg CO2e in 2020, and 7,533,000 kg CO2e in 2021.
Onfido has set a near-term climate commitment to reduce its Scope 2 emissions to 0% by 2026, aiming for a 100% reduction in this category. All disclosed emissions data and reduction initiatives are cascaded from Onfido Limited.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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