Humm Group Limited Sustainability Profile
Humm Group Limited, commonly referred to as Humm, is a prominent financial services provider headquartered in Australia. Established in 2018, the company has rapidly evolved within the buy now, pay later (BNPL) sector, offering innovative payment solutions across various regions, including Australia and New Zealand. Humm's core services include flexible payment plans for consumers and businesses, enabling customers to manage their purchases with ease. What sets Humm apart is its commitment to responsible lending and customer-centric solutions, catering to a diverse range of industries from retail to healthcare. With a strong market presence, Humm has achieved significant milestones, positioning itself as a leader in the BNPL landscape, recognised for its unique approach to consumer finance.
DitchCarbon Score
How does Humm Group Limited'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
Humm Group Limited's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Humm Group Limited's reported carbon emissions
In 2021, Humm Group Limited reported total emissions of approximately 507,600 kg CO2e, comprising 291,400 kg CO2e from Scope 2 emissions related to purchased electricity and 216,200 kg CO2e from Scope 3 emissions associated with business travel. Notably, there is no data available for Scope 1 emissions, indicating a potential area for improvement in their emissions reporting. Humm Group has not set specific reduction targets or initiatives as part of their climate commitments, nor do they appear to be part of any recognised climate pledges such as the Science Based Targets initiative (SBTi). This lack of formal commitments may reflect an opportunity for the company to enhance its sustainability strategy and align with industry standards for climate action. The emissions data is not cascaded from any parent organisation, indicating that Humm Group Limited is independently reporting its emissions. As the company continues to evolve, establishing clear reduction targets could significantly bolster its environmental performance and reputation in the market.
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| 2021 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 291,400 |
| Scope 3 | 216,200 |
How Carbon Intensive is Humm Group Limited's Industry?
How Carbon Intensive is Humm Group Limited's Location?
Humm Group Limited's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Humm Group Limited'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.
Humm Group Limited 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.
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