Pra
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.
DitchCarbon Score
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.
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
Pra's score of 32 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pra's reported carbon emissions
In 2022, PRA Group, Inc. reported total global emissions of approximately 33,785,000 kg CO2e. This figure includes Scope 1 emissions of about 38,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 3,667,000 kg CO2e. Notably, the company did not disclose any Scope 3 emissions data for the US region, where it reported Scope 2 emissions of about 3,463,000 kg CO2e. PRA Group's emissions data reflects a commitment to transparency, although it has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it has yet to formalise a strategy for emissions reduction. The emissions data is not cascaded from a parent company, indicating that PRA Group, Inc. is independently reporting its climate impact. The company continues to engage with industry standards for climate reporting, as evidenced by its participation in the Carbon Disclosure Project (CDP). Overall, while PRA Group has made strides in emissions reporting, further commitments to reduction targets and initiatives would enhance its climate strategy.
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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 | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
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.
