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 25 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Credit Corp Group Limited's reported carbon emissions
In 2024, Credit Corp Group Limited reported total carbon emissions of approximately 1,700,000 kg CO2e, comprising 49,000 kg CO2e from Scope 1 emissions and about 1,610,000 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 36,000 kg CO2e from mobile combustion and 13,000 kg CO2e from fugitive emissions. The total emissions for Scope 1 and 2 combined were about 658,000 kg CO2e on a market-based approach. In 2023, the company recorded total emissions of approximately 761,000 kg CO2e, with Scope 1 emissions at 213,000 kg CO2e and Scope 2 emissions at about 1,548,000 kg CO2e. This indicates a significant reduction in emissions from the previous year, where total emissions were around 786,000 kg CO2e in 2022. Credit Corp Group has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has focused on reporting its emissions data, particularly in Scope 1 and 2, while Scope 3 emissions data has not been provided in recent reports. Overall, Credit Corp Group Limited is actively monitoring its carbon footprint, with a clear emphasis on transparency in emissions reporting, although further commitments to reduction targets remain unspecified.
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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 participating in any 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.
