Hoist Finance AB, commonly referred to as Hoist Finance, is a leading player in the financial services industry, headquartered in Sweden (SE). Founded in 1994, the company has established a strong presence across Europe, with significant operations in countries such as Germany, France, and the UK. Specialising in debt management and consumer finance, Hoist Finance offers a range of unique services, including debt purchasing and servicing, as well as personal loans. The company is recognised for its innovative approach to financial solutions, focusing on responsible lending and customer-centric practices. With a commitment to sustainable growth, Hoist Finance has achieved notable milestones, positioning itself as a trusted partner for both consumers and businesses in the financial sector. Its dedication to transparency and ethical practices further enhances its reputation in the market.
How does Hoist Finance'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 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.
Hoist Finance's score of 51 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Hoist Finance reported total carbon emissions of approximately 1,539,000 kg CO2e, a decrease from about 1,702,000 kg CO2e in 2023. The emissions breakdown for 2024 includes 336,000 kg CO2e from Scope 1, 266,000 kg CO2e from Scope 2, and 937,000 kg CO2e from Scope 3. This trend reflects a commitment to reducing greenhouse gas emissions, with a medium-term target of achieving a 50% reduction from 2022 levels by 2030. To meet this target, the company aims for an average annual reduction of about 7% in emissions across both Scope 1 and Scope 2. In 2023, emissions were comprised of 328,000 kg CO2e from Scope 1, 383,000 kg CO2e from Scope 2, and 991,000 kg CO2e from Scope 3. The 2022 figures show a total of approximately 1,518,000 kg CO2e, with 271,000 kg CO2e from Scope 1, 319,000 kg CO2e from Scope 2, and 928,000 kg CO2e from Scope 3. Hoist Finance's emissions data is sourced from Hoist Finance AB (publ) and is not cascaded from any parent organization. The company is actively working towards its climate commitments, focusing on significant reductions in its carbon footprint as part of its sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 41,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 264,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 332,000 | 000,000 | 000,000 | 000,000 | 000,000 |
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.
Hoist Finance 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.
