Our Impact

We’ve made huge progress since Olio began in 2015

* This figure was calculated for both upstream and downstream diverted emissions using our impact methodology, assuming 1 item shared results in 1 item not produced and not accounting for leakage or rebound effects.

Olio is a carbon negative company

Olio is already a carbon negative company because we divert far more greenhouse gas emissions than we produce. In fact, the carbon emissions we create as a business is offset by only 4% of all the carbon we’re saving as a result of our waste busting activities.

Nonetheless, we’re committed to ongoing measurement of our carbon footprint and reducing it where we can, to help keep global warming below 1.5°C – the critical level of heating to avoid the worst impacts of the climate crisis.

The commitments we’re making

As part of our Carbon Negative commitment, we will:

• Measure all our global organisation’s emissions, including scope 3, and report them to our Board, clients and investors.
• Publish more details about how we are already beating net zero and interim targets to reduce our emissions yet further.
• Continue to be a Carbon Negative business through our core work to reduce food waste.
• Appoint a member of our Senior Leadership Team to be responsible and accountable for our carbon emissions targets.
• Communicate our climate commitments in other meaningful ways, including to our customers.
• Report our progress to our Board annually, and on our website.

Our latest B Corp impact report can be accessed below:

Olio is a member of Business Declares

Olio is delighted to join Business Declares, a rapidly growing network of businesses who acknowledge that we’re already living in a Climate and Ecological crisis.

As a hyperlocal sharing app looking to solve the climate crisis by ending waste one share at a time, both people and planet are of critical importance to us.

We firmly believe that the current paradigm – whereby businesses often generate enormous profits whilst in parallel undermining communities and the planet – and where ‘doing good’ is restricted to charities alone – is no longer fit for purpose. This dichotomous approach needs to be replaced by a third way: profit with purpose.

It’s for this reason that we call on all businesses to collaborate and accelerate actions to reduce their carbon emissions and ecological footprint.