Obligo, a leading innovator in the financial technology sector, is headquartered in the United States and operates primarily across North America. Founded in 2018, the company has quickly established itself as a pioneer in the rental payment solutions industry, offering a unique service that eliminates the need for traditional security deposits. Obligo's core product allows tenants to secure their rental agreements with a simple, streamlined process, enhancing the leasing experience for both renters and property owners. This approach not only improves cash flow for landlords but also provides tenants with greater financial flexibility. With a strong market position, Obligo has garnered recognition for its commitment to transforming the rental landscape, making it a notable player in the fintech arena.
How does Obligo'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.
Obligo's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Obligo reported total carbon emissions of approximately 14,099,054,000 kg CO2e. This figure represents a significant increase from 2022, when the company’s emissions were about 60,953,000 kg CO2e. The emissions data does not specify Scope 1, 2, or 3 breakdowns, indicating a lack of detailed reporting in these areas. Obligo has set long-term net zero targets for both Scope 1 and Scope 2 emissions, aiming for a reduction timeline from 2023 to 2050. These commitments are part of their broader sustainability strategy, which includes leveraging Carbon Centric’s services to help achieve these goals. As of now, there are no specific science-based targets (SBTi) reported, and the emissions data is not cascaded from any parent organisation. Obligo's climate commitments reflect an awareness of the need for substantial reductions in carbon emissions, aligning with industry standards for climate action.
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.
Obligo 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.