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Public Profile
Financial Intermediation
CA
updated 6 months ago

Ritual Technologies Inc.

Company website

Ritual Technologies Inc., commonly known as Ritual, is a leading player in the technology sector, headquartered in California. Founded in 2014, the company has rapidly established itself in the digital ordering and pickup space, primarily serving the food and beverage industry. Ritual's innovative platform streamlines the ordering process, allowing users to place orders in advance and skip queues, enhancing customer convenience. With a focus on improving the dining experience, Ritual offers unique features such as group ordering and loyalty rewards, setting it apart from competitors. The company has achieved significant milestones, including partnerships with numerous restaurants and cafes across major urban centres. As a result, Ritual has positioned itself as a trusted solution for both consumers and businesses, driving efficiency and customer satisfaction in the fast-paced food service market.

DitchCarbon Score

How does Ritual 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.

23

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.

27

Industry Benchmark

Ritual Technologies Inc.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Ritual Technologies Inc.'s reported carbon emissions

Inherited from Shopify Inc.

Ritual Technologies Inc., headquartered in California, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Shopify Inc., which may influence its climate commitments and reporting practices. While Ritual Technologies Inc. has not established its own reduction targets or climate pledges, it is likely aligned with the sustainability initiatives of its parent company, Shopify Inc. Shopify has made significant strides in carbon reduction and sustainability, which may cascade down to Ritual Technologies Inc. through corporate family relationships. As of now, there are no specific emissions data or reduction initiatives reported for Ritual Technologies Inc., but the company may benefit from the broader climate strategies implemented by Shopify, including potential participation in industry-standard frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). In summary, while Ritual Technologies Inc. does not currently provide emissions data or specific climate commitments, its affiliation with Shopify Inc. suggests a potential alignment with robust sustainability practices in the tech industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20202021202220232024
Scope 1
1,447,000
000,000
-
-
-
Scope 2
493,000
000,000
0,000,000
0,000,000
000,000
Scope 3
1,715,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ritual Technologies Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very 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 Ritual Technologies Inc. is in CA, 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.

Ritual 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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