Portfolio Recovery Associates, LLC Sustainability Profile
Portfolio Recovery Associates, LLC, commonly referred to as PRA, is a leading provider of debt recovery solutions headquartered in the United States. Established in 1996, the company has grown significantly, with major operational regions across North America. Specialising in accounts receivable management, PRA offers a range of services including debt purchasing, collection, and asset recovery. What sets Portfolio Recovery Associates apart is its commitment to ethical practices and innovative technology, ensuring effective recovery while maintaining positive client relationships. With a strong market position, PRA has achieved notable milestones, including recognition for its compliance and customer service excellence. As a trusted partner in the financial services industry, Portfolio Recovery Associates continues to deliver tailored solutions that meet the evolving needs of its clients.
DitchCarbon Score
How does Portfolio Recovery Associates, LLC'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 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.
Industry Benchmark
Portfolio Recovery Associates, LLC's score of 29 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Portfolio Recovery Associates, LLC, headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of emissions figures. The company is a current subsidiary of PRA Group, Inc., which may influence its climate commitments and performance metrics. As of now, Portfolio Recovery Associates has not established any documented reduction targets or climate pledges. The lack of specific initiatives or targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction commitments, it is essential to consider the broader context of the industry. Many organisations are increasingly focusing on sustainability and carbon reduction, often guided by frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, Portfolio Recovery Associates has not publicly aligned with these initiatives at this time. In summary, while Portfolio Recovery Associates, LLC has not disclosed specific emissions data or reduction targets, its affiliation with PRA Group, Inc. may provide a pathway for future climate commitments and performance improvements.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 5,637,000 | 00,000 | 00,000 |
| Scope 2 | 43,120,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 2,164,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Portfolio Recovery Associates, LLC's Industry?
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Portfolio Recovery Associates, LLC's Scope 3 Categories Breakdown
Portfolio Recovery Associates, LLC's Scope 3 emissions, which decreased by 21% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 98% of Scope 3 emissions.
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Portfolio Recovery Associates, LLC'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.
Portfolio Recovery Associates, LLC 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.
