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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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 |
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.
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.
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