Ovol
Ovol, officially known as Ovol Inc., is a prominent player in the technology sector, headquartered in Japan. Founded in 2015, the company has rapidly established itself in the fields of software development and digital solutions, with a strong operational presence across Asia and North America. Ovol is renowned for its innovative cloud-based platforms and data analytics services, which are designed to enhance business efficiency and drive growth. The company’s commitment to cutting-edge technology and customer-centric solutions has positioned it as a leader in the industry. With a focus on sustainability and user experience, Ovol has achieved significant milestones, including numerous awards for excellence in technology. Its unique offerings and strategic market positioning continue to set it apart in a competitive landscape.
DitchCarbon Score
How does Ovol'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 Fuel Retail 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
Ovol's score of 18 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ovol's reported carbon emissions
In 2021, Ovolo Group Limited reported total carbon emissions of approximately 300,627,000 kg CO2e, comprising about 193,916,000 kg CO2e from Scope 1 and about 106,711,000 kg CO2e from Scope 2 emissions. This marked a significant increase from 2020, where emissions were about 87,205,000 kg CO2e for Scope 1 and about 83,496,000 kg CO2e for Scope 2, indicating a trend that requires attention. Over the years, Ovolo has shown fluctuations in its emissions, with 2018 recording the highest total emissions of approximately 273,175,000 kg CO2e, driven by about 93,636,000 kg CO2e from Scope 1 and about 179,539,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data, which often represents a significant portion of total emissions in the hospitality sector. Despite the lack of specific reduction targets or climate pledges, Ovolo is actively monitoring its carbon intensity, reporting metrics such as carbon intensity per floor area and per guest. For instance, in 2021, the carbon intensity per guest was approximately 0.03 kg CO2e, reflecting their commitment to sustainability practices. Ovolo's emissions data is not cascaded from any parent company, indicating that the figures are independently reported. The company continues to focus on improving its sustainability efforts, although specific reduction initiatives or targets have not been outlined in the available data.
Industry emissions intensity
Location emissions intensity
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.
Ovol 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.
