Medallion Financial Corp. Sustainability Profile
Medallion Financial Corp., often referred to simply as Medallion, is a prominent player in the financial services industry, headquartered in the United States. Founded in 1996, the company has established itself as a leader in providing specialised financing solutions, particularly within the taxi and medallion sectors. With a focus on New York City and other major urban areas, Medallion offers unique products such as medallion loans and commercial vehicle financing, catering to the needs of taxi operators and small businesses. The firm is recognised for its commitment to customer service and innovative financial solutions, positioning itself as a trusted partner in the transportation industry. Medallion's notable achievements include a strong market presence and a reputation for reliability, making it a key player in the niche of transportation financing.
DitchCarbon Score
How does Medallion Financial Corp.'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
Medallion Financial Corp.'s score of 19 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Medallion Financial Corp.'s reported carbon emissions
Medallion Financial Corp., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a result, Medallion Financial Corp. appears to lack formal commitments to reduce carbon emissions or engage in climate initiatives at this time. This absence of data may reflect a broader trend within the financial services industry, where many firms are still developing comprehensive climate strategies and emissions reporting frameworks. Without specific emissions data or reduction initiatives, it is challenging to assess the company's environmental impact or commitment to sustainability.
How Carbon Intensive is Medallion Financial Corp.'s Industry?
How Carbon Intensive is Medallion Financial Corp.'s Location?
Medallion Financial Corp.'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.
Medallion Financial Corp. 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.
