Better Health for All

Opendoor's core business of buying, selling, and renovating homes, along with providing mortgage and title insurance services, has no significant direct positive or negative health impact. The company does not derive revenue from products or activities with established negative health outcomes. Opendoor does not offer health-related products or services, nor does it engage in health-related R&D, health equity programs, healthcare workforce support, preventative health measures, or health education. There is no evidence of health-related data collection, mental health initiatives, or activities related to pharmaceutical patents, nutrition, addiction mitigation, or clinical trials. While Opendoor implemented contact-free home selling options, virtual tours, and e-notaries during the COVID-19 pandemic, these are operational adaptations rather than direct health crisis response contributions.

No quantitative data on user harm frequency or severity related to safety initiatives is provided.

Fair Money & Economic Opportunity

Opendoor was subject to a consent order with the FTC, finalized on October 21, 2022, resolving an investigation into advertising and website statements.

This resulted in a $62 million payment to the FTC and imposed ongoing obligations regarding advertising claims and data requirements. The company operates in 50 markets across the country. Opendoor's core business is simplifying the home selling and buying process into a simple and certain online experience, and it pioneered the instant cash offer product, which has an NPS of nearly 80 over the last four years.

Fair Pay & Worker Respect

Employee overall satisfaction is rated at 3.3 out of 5 stars (66%) based on over 997 reviews.

Only 49% of employees would recommend working at Opendoor to a friend, and 30% have a positive outlook for the business. The rating for compensation and benefits is 3.7 out of 5, but this has decreased by 3% over the last 12 months. Frequent layoffs are a recurring concern, and reviews indicate significant employee turnover, with some employees citing terminations without notice. Some reviews also highlight concerns about contractor status and lack of benefits for contractors. No specific regulatory actions, violations, or fines are mentioned in the provided reviews.

Honest & Fair Business

Opendoor agreed to pay a $39 million settlement in a securities lawsuit.

The lawsuit alleged that the company misled investors regarding the capabilities of its pricing technology, claiming it was AI-driven when it relied on a human-driven process.

Planet-Friendly Business

Opendoor Technologies Inc. does not report any specific carbon emissions data and has not publicly committed to specific 2030 or 2050 climate goals.

The company does not participate in the Science Based Targets initiative (SBTi). While the company acknowledges climate change as a risk factor, mentioning potential impacts from natural disasters and severe weather, it does not disclose its alignment with TCFD recommendations. The company's climate risk assessment includes a 'Stochastic' climate pathway and 6,100 simulations, but it does not specify the temperature pathways (e.g., 1.5°C, 2°C, 3°C+). Furthermore, 16.7% of its physical assets are identified as stranded assets, but there is no transparent disclosure of a strategy to address these risks.

Safe & Smart Tech

The provided articles do not contain specific, measurable evidence for any of the Safe & Smart Tech KPIs for Opendoor Technologies Inc. Article 0 is a job description outlining responsibilities for an application security engineer, including integrating security tools and conducting reviews, but it provides no performance metrics, coverage percentages, or company-wide data on security outcomes.

Article 1 discusses general cybersecurity best practices and ransomware trends, without any information specific to Opendoor's security practices, data handling, or AI governance.