Pra Group, Inc., commonly referred to as Pra, is a leading provider of financial services headquartered in the United States. Founded in 1996, the company has established a strong presence in various operational regions, including North America and Europe. Specialising in the acquisition and management of non-performing loans, Pra has carved out a niche in the debt recovery industry. With a commitment to ethical practices and innovative solutions, Pra offers unique services that distinguish it from competitors. The company has achieved significant milestones, including a robust market position and recognition for its customer-centric approach. Pra's dedication to responsible debt management and its strategic growth initiatives have solidified its reputation as a trusted partner in the financial services sector.
How does Pra'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.
Pra's score of 26 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, PRA Group, Inc. reported total global emissions of approximately 33,785,000 kg CO2e, with a breakdown of 38,000 kg CO2e from Scope 1, 3,667,000 kg CO2e from Scope 2, and a significant 30,264,000 kg CO2e from Scope 3 emissions. In the US, the company disclosed Scope 2 emissions of about 3,463,000 kg CO2e for the same year. PRA Group has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action. The emissions data is not cascaded from any parent organisation, indicating that PRA Group, Inc. is independently reporting its emissions. The company continues to operate within the financial services sector, where managing carbon emissions is increasingly critical for sustainability and regulatory compliance.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
Pra 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.
