Onfido Sustainability Profile
Onfido, a leading identity verification provider, is headquartered in Great Britain and operates across major regions including Europe and North America. Founded in 2012, the company has rapidly established itself in the identity verification industry, focusing on helping businesses verify the identities of their customers through advanced technology. Onfido's core offerings include identity verification, document verification, and biometric checks, all designed to enhance security while streamlining user experiences. What sets Onfido apart is its innovative use of artificial intelligence and machine learning, ensuring high accuracy and efficiency in identity checks. With a strong market position, Onfido has garnered recognition for its commitment to compliance and fraud prevention, serving a diverse clientele ranging from fintech to e-commerce. The company continues to lead the way in transforming identity verification, making it a trusted partner for businesses worldwide.
DitchCarbon Score
How does Onfido'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 Financial Intermediation 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
Onfido's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Onfido's reported carbon emissions
In 2022, Onfido reported total carbon emissions of approximately 8,930,000 kg CO2e. This figure includes Scope 1 emissions of about 29,000 kg CO2e, Scope 2 emissions of approximately 151,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 8,750,000 kg CO2e. The latter includes categories such as purchased goods and services (approximately 5,741,000 kg CO2e) and business travel (about 1,529,000 kg CO2e). Comparatively, in 2021, Onfido's total emissions were about 7,533,000 kg CO2e, with Scope 1 emissions at 17,000 kg CO2e, Scope 2 emissions at approximately 135,000 kg CO2e (market-based), and Scope 3 emissions reaching around 7,382,000 kg CO2e. This indicates a rise in emissions from 2021 to 2022. Onfido has set ambitious climate commitments, aiming to reduce its Scope 2 emissions to 0% by 2026, representing a 100% reduction target. This interim target reflects the company's commitment to sustainability and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Onfido Limited independently reports its carbon footprint and climate initiatives.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 19,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 143,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 3,125,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Onfido's Industry?
How Carbon Intensive is Onfido's Location?
Onfido's Scope 3 Categories Breakdown
Onfido's Scope 3 emissions, which increased by 19% last year and increased by approximately 180% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Onfido'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.
Onfido has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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