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Public Profile
Financial Intermediation
US
updated a month ago

Medallion Financial Corp. Sustainability Profile

Company website

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.

19

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.

29

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.

20%

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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?

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Medallion Financial Corp.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Medallion Financial Corp.'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 Medallion Financial Corp. is in US, which has a low grid carbon intensity relative to other regions.

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.

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 Medallion Financial Corp.'s Emissions with Industry Peers

Ares Capital

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Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

PennantPark Floating Rate Capital Ltd.

US
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Services auxiliary to financial intermediation (67)
Updated 8 days ago

START International

US
•
Sugar
Updated 11 days ago

On Deck Capital, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 23 days ago

Barings BDC, Inc.

US
•
Services auxiliary to financial intermediation (67)
Updated 4 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 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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