China Rapid Finance Limited, often referred to as CRF, is a prominent player in the financial technology sector, headquartered in China (CN). Founded in 2014, the company has rapidly established itself as a leader in online consumer finance, primarily serving the Chinese market. CRF offers a range of innovative financial services, including personal loans and credit assessment solutions, leveraging advanced data analytics and machine learning to enhance user experience. This unique approach allows CRF to provide tailored financial products that meet the diverse needs of its customers. With a strong market position, China Rapid Finance has achieved significant milestones, including partnerships with various financial institutions and a growing user base. As a key contributor to the fintech landscape, CRF continues to drive financial inclusion and empower consumers across China.
How does China Rapid Finance Limited'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.
China Rapid Finance Limited's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Rapid Finance Limited, headquartered in CN, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting performance data from its parent organization, SOS Limited. However, there are no documented reduction targets or climate pledges available for China Rapid Finance Limited at this time. As a merged entity, it is important to note that any climate commitments or emissions data would typically be derived from the parent company's initiatives. Unfortunately, no specific climate initiatives or targets have been disclosed for SOS Limited that could be cascaded to China Rapid Finance Limited. In the context of the industry, companies are increasingly expected to set ambitious climate targets and report on their emissions. Without specific data or commitments, China Rapid Finance Limited may face challenges in aligning with industry standards for sustainability and climate action.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
China Rapid Finance Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
