Encore Capital Group, Inc., headquartered in the United States, is a leading player in the financial services industry, specialising in consumer debt recovery and management. Founded in 1998, the company has established a strong presence across North America and Europe, focusing on providing innovative solutions for consumers facing financial challenges. Encore Capital is renowned for its unique approach to debt purchasing and recovery, leveraging advanced analytics and technology to create tailored repayment plans. This commitment to responsible lending and consumer engagement has positioned the company as a trusted partner in the industry. With a robust portfolio of services, including debt purchasing, servicing, and collections, Encore Capital has achieved significant milestones, including recognition for its ethical practices and contributions to financial literacy. As a market leader, Encore Capital continues to set the standard for excellence in consumer debt solutions.
How does Encore Capital's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Encore Capital's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Encore Capital reported total carbon emissions of approximately 5,504,000 kg CO2e, which includes about 1,951,000 kg CO2e from Scope 1 emissions and approximately 3,553,000 kg CO2e from Scope 2 emissions. This marked an increase from 2021, when the company emitted about 4,090,000 kg CO2e, with Scope 1 emissions at approximately 1,434,000 kg CO2e and Scope 2 emissions at about 2,656,000 kg CO2e. Despite the increase in emissions, Encore Capital has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or science-based targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 1,434,000 | 0,000,000 |
Scope 2 | 2,656,000 | 0,000,000 |
Scope 3 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Encore Capital is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.