Encore Capital Sustainability Profile
Encore Capital Group, Inc., headquartered in the United States, is a leading player in the financial services industry, specialising in consumer debt recovery and management. Founded in 1998, the company has established a strong presence across North America and Europe, focusing on providing innovative solutions for consumers facing financial challenges. Encore Capital is renowned for its unique approach to debt purchasing and recovery, leveraging advanced analytics and technology to create tailored repayment plans. This commitment to responsible lending and consumer engagement has positioned the company as a trusted partner in the industry. With a robust portfolio of services, including debt purchasing, servicing, and collections, Encore Capital has achieved significant milestones, including recognition for its ethical practices and contributions to financial literacy. As a market leader, Encore Capital continues to set the standard for excellence in consumer debt solutions.
DitchCarbon Score
How does Encore Capital'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 Services Auxiliary to 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
Encore Capital's score of 27 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Encore Capital's reported carbon emissions
In 2022, Encore Capital reported total carbon emissions of approximately 5,504,000 kg CO2e. This figure includes about 1,951,000 kg CO2e from Scope 1 emissions and approximately 3,553,000 kg CO2e from Scope 2 emissions. The previous year, 2021, Encore Capital's total emissions were about 4,090,000 kg CO2e, with Scope 1 emissions at approximately 1,434,000 kg CO2e and Scope 2 emissions at around 2,656,000 kg CO2e. Despite these figures, Encore Capital has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not disclose any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. Encore Capital's emissions data is sourced directly from Encore Capital Group, Inc., with no cascading from a parent or related organization. The company continues to monitor its carbon footprint as part of its broader environmental, social, and governance (ESG) strategy.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,434,000 | 0,000,000 |
| Scope 2 | 2,656,000 | 0,000,000 |
| Scope 3 | - | - |
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Encore Capital'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.
Encore Capital 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.
