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Public Profile
Machinery Rental
US
updated 2 months ago

Porsche Financial Services, Inc. Sustainability Profile

Company website

Porsche Financial Services, Inc., a subsidiary of the renowned Porsche AG, is headquartered in the United States and operates primarily across North America. Established to support the luxury automotive market, the company has carved a niche in providing tailored financial solutions for Porsche customers, including leasing, financing, and insurance services. Since its inception, Porsche Financial Services has achieved significant milestones, enhancing the ownership experience for Porsche enthusiasts. Its unique offerings, such as flexible leasing options and competitive financing rates, set it apart in the automotive finance industry. With a strong market position, Porsche Financial Services continues to be a trusted partner for those seeking to invest in the iconic Porsche brand, reflecting the company's commitment to excellence and customer satisfaction.

DitchCarbon Score

How does Porsche Financial Services, 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.

67

Industry Average

Mean score of companies in the Machinery Rental 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.

33

Industry Benchmark

Porsche Financial Services, Inc.'s score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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Porsche Financial Services, Inc.'s reported carbon emissions

Inherited from Dr. Ing. h.c. F. Porsche AG

Porsche Financial Services, Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Dr. Ing. h.c. F. Porsche AG, which cascades its climate commitments and emissions data down to its subsidiaries. Porsche Financial Services inherits its climate initiatives from its parent company, Dr. Ing. h.c. F. Porsche AG, which is actively engaged in various sustainability efforts. These include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions across their operations. While specific reduction targets for Porsche Financial Services are not detailed, the overarching goals set by Dr. Ing. h.c. F. Porsche AG reflect a commitment to sustainability and climate action. The company is also linked to Volkswagen AG, which has its own climate initiatives, further influencing Porsche Financial Services' environmental strategies. In summary, while Porsche Financial Services, Inc. does not currently provide specific emissions data or reduction targets, it is aligned with the broader climate commitments of its parent company and the Volkswagen Group, focusing on sustainability and responsible environmental practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
46,903,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
Scope 2
89,395,000
00,000,000
000,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000
000,000
00,000,000
Scope 3
6,515,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000,000

How Carbon Intensive is Porsche Financial Services, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Porsche Financial Services, Inc.'s primary industry is Machinery Rental, which is very low in terms of carbon intensity compared to other industries.

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

Porsche Financial Services, Inc.'s Scope 3 Categories Breakdown

Porsche Financial Services, Inc.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2014, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 66% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
66%
Purchased Goods and Services
28%
Capital Goods
2%
Upstream Transportation & Distribution
2%
Downstream Leased Assets
<1%
Franchises
<1%
Business Travel
<1%
Fuel and Energy Related Activities
<1%
Waste Generated in Operations
<1%
End-of-Life Treatment of Sold Products
<1%

Porsche Financial Services, 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.

Porsche Financial Services, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. 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 Porsche Financial Services, Inc.'s Emissions with Industry Peers

Mercedes-Benz Financial Services USA LLC

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

American Honda Finance Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Nissan Motor Acceptance Company LLC

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

BMW Financial Services NA, LLC

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Cox Automotive, Inc.

US
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 2 months ago

Santander Consumer USA Holdings Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

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