Solo, officially known as Solo Technologies, is a prominent player in the technology industry, headquartered in the United States. Founded in 2018, the company has rapidly established itself as a leader in providing innovative solutions for freelancers and small businesses, particularly in the realms of financial management and productivity tools. With a focus on user-friendly applications, Solo offers unique services that streamline invoicing, expense tracking, and tax preparation, catering specifically to the needs of independent professionals. The company has achieved significant milestones, including a growing user base and recognition for its commitment to enhancing the freelance experience. Positioned as a trusted partner for solo entrepreneurs, Solo continues to expand its operational reach across major regions in the US, solidifying its reputation for excellence in the gig economy.
How does Solo'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.
Mean score of companies in the Computer 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.
Solo's score of 6 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Solo LLC, headquartered in the United States, reported its emissions data but did not disclose specific figures for total greenhouse gas emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. This target has been approved through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Solo LLC is also committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been detailed. The company's proactive approach to climate action reflects its dedication to sustainability within the software and services sector.
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.
Solo is committed to some reduction initiatives 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.