Credit Corp Group Limited Sustainability Profile
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 28 is lower than 54% 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 658,000 kg CO2e. This figure includes 49,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (36,000 kg CO2e) and fugitive emissions (13,000 kg CO2e). Scope 2 emissions accounted for about 1,617,000 kg CO2e, derived from purchased electricity. In 2023, the company’s total emissions were approximately 761,000 kg CO2e, with Scope 1 emissions at 213,000 kg CO2e and Scope 2 emissions at 559,000 kg CO2e. The previous year, 2022, saw total emissions of around 786,000 kg CO2e, with Scope 1 emissions of 153,000 kg CO2e and Scope 2 emissions of 591,000 kg CO2e. Despite these figures, Credit Corp Group Limited has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company does not report Scope 3 emissions, which may suggest a focus on direct and indirect operational emissions. Overall, the emissions data reflects the company's ongoing efforts to monitor and manage its carbon footprint within the context of its operations in Australia.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 153,000 | 000,000 | 00,000 |
| Scope 2 | 591,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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Credit Corp Group Limited's Climate Goals (2030 & 2050)
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.
Credit Corp Group 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.
