Credit Corp Group Limited
Credit Corp Group Limited, commonly referred to as Credit Corp, is a leading financial services provider headquartered in Australia. Established in 1992, the company has grown to become a prominent player in the debt purchasing and collection industry, with significant operations across Australia and New Zealand. Specialising in debt recovery and consumer finance, Credit Corp offers unique solutions that cater to both individuals and businesses. Their innovative approach to managing distressed debt sets them apart in a competitive market. Over the years, Credit Corp has achieved notable milestones, including a strong market position and recognition for their ethical practices in debt management. With a commitment to responsible lending and customer service, Credit Corp Group Limited continues to enhance its reputation as a trusted partner in financial solutions, making a significant impact in the industry.
DitchCarbon Score
How does Credit Corp Group 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.
Industry Average
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.
Industry Benchmark
Credit Corp Group Limited's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Credit Corp Group Limited's reported carbon emissions
In 2023, Credit Corp Group Limited reported total carbon emissions of approximately 761,000 kg CO2e, comprising 213,000 kg CO2e from Scope 1 emissions and 1,548,000 kg CO2e from Scope 2 emissions. The company has shown a significant increase in emissions from previous years, with Scope 1 emissions rising from 153,000 kg CO2e in 2022. In 2022, the total emissions were about 786,000 kg CO2e, with Scope 1 emissions at 153,000 kg CO2e and Scope 2 emissions at 633,000 kg CO2e. The data indicates a trend of increasing emissions, particularly in Scope 2, which reflects the company's energy consumption. Credit Corp Group has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within a global context where many organisations are increasingly focusing on reducing their carbon footprints and committing to net-zero targets. Overall, while Credit Corp Group Limited has made strides in reporting its emissions, the lack of clear reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 00,000 |
| Scope 2 | - | - | - | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 132,390 | 00,000 | 0,000 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Credit Corp Group Limited 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.
