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Toast Inc., commonly referred to as Toast, is a prominent American software publisher specialising in point-of-sale (POS) and restaurant management solutions. Headquartered in the United States, the company serves a diverse range of hospitality businesses across North America, offering cloud-based technology tailored to the foodservice industry. Founded in 2012, Toast has rapidly established itself as a leader in restaurant technology, with notable milestones including its IPO in 2021.
The company's core products encompass POS systems, online ordering, payroll, and inventory management, all designed to streamline restaurant operations. What sets Toast apart is its integrated platform that combines hardware and software, enabling restaurants to enhance efficiency and customer experience. Recognised for its innovative approach, Toast holds a significant market position within the hospitality software sector, continually advancing its offerings to meet evolving industry needs.
+4 vs industry average
Toast’s score of 53 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Software Publishers is among the least carbon-intensive industries
The Software Publishers industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
Toast, a US-based software publisher, reported a total of approximately 156.4 billion kg CO2e for its fiscal year 2024 emissions. This comprehensive figure includes Scope 1, Scope 2, and Scope 3 emissions. The majority of these emissions, approximately 155.9 billion kg CO2e, fall under Scope 3, with purchased goods and services (69.36 billion kg CO2e) and the use of sold products (69.98 billion kg CO2e) being the most significant contributors. Scope 1 emissions for FY24 were approximately 436,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 27,000 kg CO2e.
In FY23, Toast's total emissions were approximately 136.1 billion kg CO2e, with Scope 3 emissions accounting for about 135.6 billion kg CO2e. Scope 1 emissions stood at approximately 459,000 kg CO2e, and Scope 2 (market-based) at approximately 21,000 kg CO2e.
For FY22, the company reported total emissions of approximately 211.6 billion kg CO2e. Scope 3 emissions were the largest component, at roughly 210.9 billion kg CO2e, with purchased goods and services contributing significantly (156.7 billion kg CO2e). Scope 1 emissions were approximately 509,000 kg CO2e, and Scope 2 (market-based) were approximately 137,000 kg CO2e.
Toast's emissions data for FY25 indicates Scope 1 emissions of approximately 317,000 kg CO2e and Scope 2 (market-based) of approximately 37,000 kg CO2e. Scope 3 data was not reported for this year.
Toast has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge.
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No climate goals have been disclosed for Toast yet.
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