Lendology, a pioneering financial services provider based in Great Britain, has been transforming the lending landscape since its inception in 2014. With a focus on ethical lending, Lendology operates primarily in the South West of England, offering innovative solutions to individuals and businesses seeking financial support. Specialising in community-focused loans, Lendology stands out with its unique approach to funding, prioritising social impact alongside financial returns. The company’s core offerings include personal loans, business loans, and home improvement financing, all designed to empower borrowers while fostering local economic growth. Recognised for its commitment to responsible lending, Lendology has established a strong market position, earning accolades for its customer-centric services and community engagement initiatives. As it continues to expand its reach, Lendology remains dedicated to making a positive difference in the lives of its clients.
How does Lendology'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 Insurance Services 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.
Lendology's score of 28 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lendology reported total carbon emissions of approximately 36,690,000 kg CO2e, with emissions categorised into Scope 2 and Scope 3. Specifically, Scope 2 emissions accounted for about 760 kg CO2e, while Scope 3 emissions were significantly higher at approximately 36,689,240 kg CO2e. The breakdown of Scope 3 emissions reveals substantial contributions from purchased goods and services (about 20,077,600 kg CO2e), employee commuting (approximately 20,070 kg CO2e), and fuel and energy-related activities (around 6,225,030 kg CO2e). Lendology has not specified any reduction targets or initiatives in their climate commitments, indicating a potential area for future development. The absence of defined reduction strategies suggests that while they are actively measuring their carbon footprint, they may need to establish clearer goals to enhance their sustainability efforts. Overall, Lendology's emissions data highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | |
---|---|
Scope 1 | - |
Scope 2 | 760 |
Scope 3 | 36,690 |
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.
Lendology is not committed to any reduction initiatives 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.