Fairstone Financial Inc.
Fairstone Financial Inc., a leading provider of financial solutions in Canada, is headquartered in the vibrant city of Montreal, Quebec. Established in 2004, the company has carved a niche in the consumer finance industry, specialising in personal loans and credit products tailored to meet diverse customer needs. With a strong presence across major operational regions in Canada, Fairstone is committed to offering accessible financial services that empower individuals and families. The company’s core offerings include unsecured personal loans, home equity loans, and retail financing, distinguished by their flexible terms and competitive rates. Fairstone's dedication to responsible lending and customer-centric solutions has positioned it as a trusted partner in the financial landscape. Notable achievements include a robust market presence and a commitment to innovation, ensuring that Fairstone remains at the forefront of the evolving financial services sector.
DitchCarbon Score
How does Fairstone Financial Inc.'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
Fairstone Financial Inc.'s score of 25 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fairstone Financial Inc.'s reported carbon emissions
In 2022, Fairstone Financial Inc. reported total carbon emissions of approximately 1,707,000 kg CO2e from Scope 1 and 901,000 kg CO2e from Scope 2, indicating a slight increase in emissions compared to 2021, where emissions were about 1,645,000 kg CO2e for Scope 1 and 904,000 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data. Despite the increase in emissions, Fairstone has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a commitment to reducing its carbon footprint. The absence of documented reduction initiatives suggests that the company is currently focusing on understanding its emissions profile rather than implementing significant climate action strategies. As a financial institution headquartered in Canada, Fairstone operates within an industry increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear climate commitments and reduction targets in line with global sustainability goals.
Unlock detailed emissions data
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,645,000 | 0,000,000 |
| Scope 2 | 904,000 | 000,000 |
| Scope 3 | - | - |
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.
Fairstone Financial Inc. 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.
