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Public Profile
Real Estate Services
US
updated 5 months ago

Opendoor Technologies Inc.

Company website

Opendoor Technologies Inc., commonly known as Opendoor, is a leading player in the real estate technology industry, headquartered in the United States. Founded in 2014, the company has revolutionised the home buying and selling process by leveraging innovative technology to streamline transactions. With a strong presence in major operational regions across the US, Opendoor offers a unique platform that allows homeowners to sell their properties quickly and efficiently, often within days. The company's core services include instant home offers and a seamless online experience, setting it apart from traditional real estate methods. Opendoor's commitment to transparency and convenience has positioned it as a market leader, achieving significant milestones such as expanding its service offerings and enhancing user experience. As a pioneer in the iBuyer space, Opendoor continues to reshape the landscape of real estate transactions.

DitchCarbon Score

How does Opendoor Technologies 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.

20

Industry Average

Mean score of companies in the Real Estate 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.

22

Industry Benchmark

Opendoor Technologies Inc.'s score of 20 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Opendoor Technologies Inc.'s reported carbon emissions

Opendoor Technologies Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, Opendoor Technologies Inc. appears to lack formal commitments to reduce carbon emissions or to participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Without available data or commitments, it is challenging to assess their environmental impact or sustainability efforts within the real estate technology sector. In the absence of specific emissions data or reduction initiatives, it is essential for Opendoor Technologies Inc. to consider establishing measurable climate commitments to align with industry standards and expectations for corporate responsibility in addressing climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Opendoor Technologies Inc.'s primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Opendoor Technologies Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Opendoor Technologies 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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