Climate Change Data

Optoro, Inc.

Climate Impact & Sustainability Data (2014-2015)

Reporting Period: 2014-2015

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:4 billion lbs/year (US)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Waste Reduction
  • Carbon Emissions Reduction
  • Sustainable Supply Chain

Environmental Achievements

  • Reduced waste by up to 60%
  • Reduced fuel-related carbon emissions by up to 31%
  • Reduced carbon emissions by 27% in a Groupon Goods case study

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Massive and growing amount of returned and excess inventory in the retail industry (3.5 billion products annually in the US)
  • Inefficient traditional reverse logistics processes leading to high waste and emissions
  • Lack of data and transparency in reverse supply chains
Mitigation Strategies
  • Developed an advanced returns management system (RMS) to optimize inventory disposition
  • Implemented data-driven, smart disposition strategies to sell returned and excess inventory directly to consumers, reducing reliance on liquidators
  • Developed an environmental impact model to quantify the environmental benefits of improved reverse logistics

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: U.S. EPA and C.H. Robinson

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed