29.1

Million Dollars

in 2020 revenue

312

Distributors

ClearOne sells their products directly to 312 distributors worldwide

5.5

Million Dollars

spent on R&D in 2020


The Path to Drawdown: Telepresence

From multipurpose-room systems, immersive telepresence, desktop systems, videophones, and cloud-based software systems, telepresence comes in many forms. Yet what they all have in common is that they can replace flying for business meetings and reduce overall air and land transportation.

Air travel is estimated to account for ~2.5% of global CO2 emissions. That’s more than 700 million tons of CO2 annually. A big chunk of this is from business air travel. 

By integrating telepresence systems, companies, schools, hospitals, governments and museums can offer their services and facilitate communication without being in the same place. This way they can avoid emissions from commutes and business travel by air. Not only that, telepresence can help cut costs and ease employee schedules by avoiding travel, enhance meeting productivity and faster decision-making, and increase interpersonal connection across geographies.

The global market for telepresence solutions is on the rapid rise, from US$2.2 billion in 2010 to US$3.3 billion in 2014. The novel coronavirus pandemic has further accelerated this adoption. 

Project Drawdown estimates that, if telepresence is adopted widely enough to replace 16-30% of global air business travel by 2050, it can help avoid between 1 - 3.8 gigatons of CO2 equivalent emissions. This would mean that between 486 - 676 million business-related trips will be replaced, US$1.2-4.4 trillion worth of business travel savings, and between 107 - 143 million fewer unproductive travel hours.

About

ClearOne, Inc. (CLRO) designs, develops, and sells conferencing, collaboration, network streaming and signage solutions that enables teamwork and collaboration in ad-hoc work spaces, mobile conferences, and large meeting revenues and boardrooms. Headquartered in Salt Lake City, Utah, they have offices in Florida, Texas, Spain, India, and Dubai.

CLRO's Role in Drawdown

ClearOne is a global leader in enabling conferencing, collaboration, and network streaming solutions. They design and sell solutions for voice and visual communications targeted for businesses of all sizes as well as for personal use. 

Their solutions advance the Drawdown solution of telepresence.

CLRO: What We Like

We'll update this section once ClearOne makes sustainability information available.

CLRO: What We Want to See Improve

Coming soon!


Other Telepresence Stocks in the Climate Index

Attend Our Next Webinar

Attend Our Next Webinar

Join our next Sustainable Investing 101 webinar, get our favorite DIY options, and walk through how we build our portfolios.

Register
Get Our Newsletter

Get Our Newsletter

Go a level deeper with us and investigate the potential impacts of climate change on investments like your retirement account.

Join Newsletter
Talk To A Human

Talk To A Human

Joining a new investment service can be intimidating. We’re here for you. Click below to email us a question or book a quick call.

Ask a Question