Reside
Reside, officially known as Resideo Technologies, Inc., is a leading player in the smart home technology industry, headquartered in the United States. Founded in 2018, Reside has quickly established itself as a key provider of innovative solutions for residential comfort and security, focusing on areas such as home automation, energy management, and security systems. With a commitment to enhancing the homeowner experience, Reside offers a range of unique products, including smart thermostats and advanced security cameras, designed to integrate seamlessly into modern living spaces. The company has achieved significant milestones, positioning itself as a trusted name in the market, recognised for its cutting-edge technology and customer-centric approach. Reside continues to expand its operational footprint across major regions in the US, solidifying its status as a frontrunner in the evolving smart home landscape.
DitchCarbon Score
How does Reside'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 Business 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
Reside's score of 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Reside's reported carbon emissions
In 2023, Reside reported total carbon emissions of approximately 44139000 kg CO2e from Scope 2 and about 13422000 kg CO2e from Scope 1, resulting in a combined total of approximately 55266000 kg CO2e for Scope 1 and 2 emissions. Notably, the company also disclosed significant Scope 3 emissions, amounting to approximately 400226000 kg CO2e, with the majority stemming from purchased goods and services. Reside has set ambitious climate commitments, aiming for a 50% reduction in both Scope 1 and Scope 2 emissions from their 2022 baseline by the year 2035. This long-term target reflects their commitment to sustainability and aligns with industry standards for climate action. Additionally, the company is investing in hydrogen technologies to power their manufacturing processes, which is expected to significantly reduce their reliance on fossil fuels and lower emissions in the near term. Overall, Reside's proactive approach to managing carbon emissions and their clear reduction targets demonstrate a strong commitment to addressing climate change while maintaining operational efficiency.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 14,117,000 | 00,000,000 |
| Scope 2 | 42,202,200 | 00,000,000 |
| Scope 3 | - | 000,000,000 |
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.
Reside 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.
