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.
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.
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.
Medallion Financial Corp.'s score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Medallion Financial Corp., headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. As such, there are no reported figures for their carbon emissions in kg CO2e, including Scope 1, 2, or 3 emissions. While the company has not outlined any formal climate commitments or reduction initiatives, it is essential to note that many organisations in the financial sector are increasingly focusing on sustainability and climate action. This trend often includes setting science-based targets and participating in climate pledges to mitigate their environmental impact. As the landscape of corporate responsibility evolves, Medallion Financial Corp. may consider establishing measurable climate commitments in the future to align with industry standards and expectations.
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.
Medallion Financial Corp. 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.