Opendoor Technologies Inc. Sustainability Profile
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.
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.
Industry Benchmark
Opendoor Technologies Inc.'s score of 20 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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. Furthermore, 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 contribute positively to climate action.
How Carbon Intensive is Opendoor Technologies Inc.'s Industry?
How Carbon Intensive is Opendoor Technologies Inc.'s Location?
Opendoor Technologies 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.
Opendoor Technologies 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.
