Hoist Finance Sustainability Profile
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.
DitchCarbon Score
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.
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
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.
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Hoist Finance's reported carbon emissions
In 2024, Hoist Finance reported total carbon emissions of approximately 1,539,000 kg CO2e, with emissions distributed across various scopes: 336,000 kg CO2e (Scope 1), 266,000 kg CO2e (Scope 2), and 937,000 kg CO2e (Scope 3). This represents a decrease from 2023, where total emissions were about 1,702,000 kg CO2e, comprising 328,000 kg CO2e (Scope 1), 383,000 kg CO2e (Scope 2), and 991,000 kg CO2e (Scope 3). Hoist Finance has set an ambitious medium-term target to reduce greenhouse gas (GHG) emissions by 50% from its base year levels by 2030. This goal includes an average annual reduction of approximately 7% in GHG emissions, applicable to both Scope 1 and Scope 2 emissions. The commitment reflects the company's proactive approach to climate action and aligns with industry standards for sustainability. The emissions data is sourced directly from Hoist Finance AB (publ) and is not cascaded from any parent organization. The company continues to monitor and report its emissions, demonstrating transparency and accountability in its climate commitments.
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| 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 |
How Carbon Intensive is Hoist Finance's Industry?
How Carbon Intensive is Hoist Finance's Location?
Hoist Finance'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.
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.
