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Public Profile
Financial Intermediation
US
updated a month ago

LendingClub Corporation Sustainability Profile

Company website

LendingClub Corporation, a prominent player in the financial technology sector, is headquartered in the United States. Founded in 2006, the company has revolutionised the lending landscape by connecting borrowers with investors through its innovative online platform. Operating primarily in the personal loan and small business loan markets, LendingClub offers unique peer-to-peer lending solutions that distinguish it from traditional banks. With a focus on transparency and competitive rates, LendingClub provides a range of financial products, including personal loans, auto refinancing, and small business financing. The company has achieved significant milestones, such as becoming the first peer-to-peer lender to go public in 2014, solidifying its position as a leader in the industry. Through its commitment to customer-centric services, LendingClub continues to reshape the way individuals and businesses access credit.

DitchCarbon Score

How does LendingClub Corporation'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.

25

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.

32

Industry Benchmark

LendingClub Corporation's score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

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LendingClub Corporation's reported carbon emissions

LendingClub Corporation, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, LendingClub has not inherited any emissions data from a parent company, nor does it have any commitments to the Science Based Targets initiative (SBTi) or other climate-related initiatives. This lack of data and commitments places LendingClub in a position where it has yet to establish a clear framework for addressing its carbon footprint or climate impact. In the context of the financial services industry, where many companies are increasingly focusing on sustainability and emissions reduction, LendingClub's current stance may be viewed as an area for potential growth and improvement in climate responsibility.

How Carbon Intensive is LendingClub Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. LendingClub Corporation's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is LendingClub Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for LendingClub Corporation is in US, which has a low grid carbon intensity relative to other regions.

LendingClub Corporation'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.

LendingClub Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare LendingClub Corporation's Emissions with Industry Peers

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Elevate Credit, Inc.

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Funding Circle

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Updated 15 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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