MoneyMe Limited, commonly referred to as MoneyMe, is a leading Australian fintech company headquartered in Sydney, Australia. Founded in 2013, MoneyMe has rapidly established itself in the personal finance industry, specialising in innovative digital lending solutions. The company primarily operates across major Australian regions, offering a range of financial products designed to meet the diverse needs of consumers. MoneyMe's core offerings include personal loans, car loans, and credit products, distinguished by their user-friendly online platform and quick approval processes. The company has achieved significant milestones, including a strong market position as a trusted provider of flexible financial solutions. With a commitment to leveraging technology for enhanced customer experience, MoneyMe continues to redefine the landscape of personal finance in Australia.
How does Moneyme'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 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.
Moneyme's score of 56 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MoneyMe reported total carbon emissions of approximately 5,111,200 kg CO2e, with Scope 1 emissions at about 3,200 kg CO2e, Scope 2 emissions at approximately 66,400 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 5,108,000 kg CO2e. This indicates a continued reliance on indirect emissions, particularly from purchased goods and services, which accounted for about 4,048,400 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target has been validated through a streamlined process for small and medium-sized enterprises (SMEs) and aligns with the necessary reductions to limit global warming to 1.5°C. Additionally, MoneyMe is committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to its climate impact. Overall, MoneyMe's emissions data and reduction targets demonstrate a proactive stance towards sustainability and climate responsibility, particularly within the financial services sector in Australia.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 5,350 | 0,000 | 0,000 | 0,000 |
Scope 2 | 60,020 | 00,000 | - | - |
Scope 3 | 1,855,900 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Moneyme is participating in some of the initiatives that 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.