On Deck Capital, Inc. Sustainability Profile
On Deck Capital, Inc., commonly referred to as On Deck, is a prominent player in the financial technology sector, headquartered in the United States. Founded in 2007, the company has established itself as a leader in providing innovative lending solutions tailored for small businesses. With a focus on streamlining the borrowing process, On Deck offers unique products such as short-term loans and lines of credit, distinguished by their quick approval times and flexible repayment options. Operating primarily across the US, On Deck has achieved significant milestones, including funding over $13 billion in loans to small businesses. Its commitment to leveraging data-driven insights sets it apart in the competitive landscape, ensuring that clients receive personalised financial solutions. As a trusted partner for entrepreneurs, On Deck continues to enhance its market position through a customer-centric approach and a robust suite of financial services.
DitchCarbon Score
How does On Deck Capital, Inc.'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
On Deck Capital, Inc.'s score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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On Deck Capital, Inc.'s reported carbon emissions
On Deck Capital, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of Enova International, Inc., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, On Deck Capital, Inc. is part of a corporate family that may have sustainability initiatives in place. However, there are no documented reduction targets or climate pledges from On Deck Capital, Inc. itself. The absence of specific targets or achievements suggests that the company may still be in the early stages of developing its climate strategy. As a subsidiary, On Deck Capital, Inc. may align its environmental goals with those of Enova International, Inc., which could include broader industry standards and practices. However, without explicit data or commitments from On Deck Capital, Inc., it is challenging to provide a detailed overview of its carbon emissions and climate commitments.
How Carbon Intensive is On Deck Capital, Inc.'s Industry?
How Carbon Intensive is On Deck Capital, Inc.'s Location?
On Deck Capital, Inc.'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.
On Deck Capital, Inc. 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.
