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updated 2 months ago

GE Capital Funding Services S.L.U. Sustainability Profile

Company website

GE Capital Funding Services S.L.U., a prominent player in the financial services industry, is headquartered in the United States and operates extensively across Europe and Latin America. Founded in the early 2000s, the company has established itself as a leader in providing innovative financing solutions tailored to meet the diverse needs of businesses. Specialising in asset-based lending, equipment financing, and structured finance, GE Capital Funding Services distinguishes itself through its customer-centric approach and flexible product offerings. The firm has achieved significant milestones, including strategic partnerships that enhance its market position and service capabilities. With a commitment to delivering exceptional value, GE Capital Funding Services S.L.U. continues to be recognised for its reliability and expertise, making it a trusted partner for businesses seeking financial growth and stability.

DitchCarbon Score

How does GE Capital Funding Services S.L.U.'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.

68

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

GE Capital Funding Services S.L.U.'s score of 68 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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GE Capital Funding Services S.L.U.'s reported carbon emissions

Inherited from General Electric Company

GE Capital Funding Services S.L.U., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of General Electric Company, which cascades its climate commitments and emissions data down to its subsidiaries. As part of its corporate family, GE Capital Funding Services S.L.U. aligns with the climate initiatives and targets set by General Electric Company. This includes participation in various sustainability frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are managed at the parent company level. However, specific reduction targets or achievements for GE Capital Funding Services S.L.U. have not been disclosed. The absence of direct emissions data suggests that the company may still be in the process of establishing its own climate commitments or reporting mechanisms. As a subsidiary, it is expected to adhere to the overarching sustainability goals of General Electric, which are aimed at reducing carbon footprints and enhancing environmental stewardship across its operations.

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201920202021202220232024
Scope 1
428,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
523,490,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
51,730,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

How Carbon Intensive is GE Capital Funding Services S.L.U.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. GE Capital Funding Services S.L.U.'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is GE Capital Funding Services S.L.U.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for GE Capital Funding Services S.L.U. is in US, which has a low grid carbon intensity relative to other regions.

GE Capital Funding Services S.L.U.'s Scope 3 Categories Breakdown

GE Capital Funding Services S.L.U.'s Scope 3 emissions, which decreased by 9% last year and decreased by approximately 46% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2024
Use of Sold Products
100%

GE Capital Funding Services S.L.U.'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.

GE Capital Funding Services S.L.U. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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