PennantPark Floating Rate Capital Ltd., often referred to as PennantPark, is a prominent investment firm headquartered in the United States. Founded in 2007, the company has established itself within the financial services industry, specialising in providing flexible financing solutions to middle-market companies. With a focus on floating rate loans, PennantPark aims to deliver attractive risk-adjusted returns to its investors. Operating primarily in the US, PennantPark has achieved significant milestones, including a successful public listing and a robust portfolio of investments across various sectors. The firm’s unique approach to capital deployment, combined with its deep industry expertise, positions it as a leader in the floating rate investment space. Notably, PennantPark's commitment to credit quality and active portfolio management has garnered recognition, solidifying its reputation in the competitive landscape of alternative asset management.
How does PennantPark Floating Rate Capital Ltd.'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 Services Auxiliary to 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.
PennantPark Floating Rate Capital Ltd.'s score of 23 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PennantPark Floating Rate Capital Ltd., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that PennantPark Floating Rate Capital Ltd. may not have established formal initiatives to address its carbon footprint or contribute to climate action at this time. As such, the company appears to be operating without a defined strategy for emissions reduction or sustainability, which is increasingly important in today's environmentally conscious market.
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.
PennantPark Floating Rate Capital Ltd. 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.
