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Financial Intermediation
US
updated 6 months ago

On Deck Capital, Inc.

Company website

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.

25

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.

28

Industry Benchmark

On Deck Capital, Inc.'s score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. On Deck Capital, Inc.'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.

Location emissions intensity

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 On Deck Capital, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

On Deck Capital, Inc. is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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