Toast Inc

Common Name
Toast
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
5,700
Ticker
TOST
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Toast Inc. operates as a cloud-based software company providing management solutions specifically tailored for the restaurant industry. The company's primary function is to streamline restaurant opera...

Toast's GHG Emissions Data Preview

In 2023, Toast completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Toast has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Toast's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Toast amounted to 1,481 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Toast increased by 3.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Toast's Scope 1 Emissions Over Time

2021202220230150300450600tCO2e+110%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Toast's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Toast were 459 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Toast reduced its Scope 1 emissions over time?

Since 2021, Toast's Scope 1 emissions have increased by 89.67%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Toast's Scope 1 emissions decreased by 9.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Toast's Scope 2 emissions?

In 2023, Toast reported Scope 2 greenhouse gas (GHG) emissions of 21 tCOâ‚‚e using the market-based method, and 1,022 tCOâ‚‚e using the location-based method.

Has Toast reduced its Scope 2 emissions over time?

Since 2021, Toast's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 112.47%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Toast's Scope 2 emissions (Location-Based) rose by 11.33% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Toast use for Scope 2 reporting?

In 2023, Toast reported its Scope 2 emissions using the market-based method and using the location-based method.

Toast's Scope 2 Emissions Over Time

20212022202303006009001.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Toast's Value Chain Emissions

In 2023, Toast reported 279,583 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Toast includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Toast's Scope 3 Emissions Over Time

202120222023070 k140 k210 k280 ktCO2e+533%+33%
  • Total Scope 3
  • Year-over-Year Change

What are Toast's Scope 3 emissions?

In 2023, Toast reported total Scope 3 emissions of 279,583 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 79.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 20.78% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Toast reduced its Scope 3 emissions over time?

Since 2021, Toast's Scope 3 emissions have increased by 738.81%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Toast's Scope 3 emissions increased by 32.54%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Toast disclose?

In 2023, Toast reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Toast's Scope 3 emissions?

In 2023, the largest contributors to Toast's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 204,959 tCOâ‚‚e (73.31%)
  • Use of Sold Products (Cat. 11): 57,991 tCOâ‚‚e (20.74%)
  • Business Travel (Cat. 6): 6,711 tCOâ‚‚e (2.4%)

Toast's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(20.7%)Business Travel(Cat. 6)(2.4%)Purchased Goods andServices (Cat. 1)(73.3%)

Insights into Toast's Total Carbon Footprint

In 2023, Toast reported a total carbon footprint of 281,064 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 32.35% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Toast's total carbon footprint was Scope 3 emissions, accounting for 99.47% of the company's total carbon footprint, followed by Scope 2 emissions at 0.36%.