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.
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.
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.
Humm Group Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Humm Group Limited reported carbon emissions of approximately 216,200 kg CO2e, all of which were classified under Scope 3 emissions related to business travel. The company has not disclosed any Scope 1 or Scope 2 emissions data, indicating a potential area for improvement in transparency regarding its overall carbon footprint. Currently, Humm Group Limited does not have any publicly stated reduction targets or commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that the company may need to enhance its climate strategy to align with industry standards and expectations. As of now, Humm Group Limited's emissions data is not cascaded from any parent or related organization, indicating that the reported figures are solely from its own operations. The company operates in a context where many organisations are increasingly focusing on comprehensive climate commitments, making it essential for Humm Group Limited to consider establishing measurable targets for emissions reduction in the future.
Access structured emissions data, company-specific emission factors, and source documents
2021 | |
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Scope 1 | - |
Scope 2 | - |
Scope 3 | 216,200 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Humm Group Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.