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Pra Group, a leading player in the services auxiliary to financial intermediation sector, is headquartered in the United States. Founded in 1996, the company has established a strong presence across various operational regions, focusing on providing innovative financial solutions. Pra Group is renowned for its expertise in debt purchasing and management, offering unique services that cater to both consumers and businesses.
With a commitment to ethical practices and customer-centric solutions, Pra Group has achieved significant milestones, including expanding its portfolio and enhancing its market position. The company’s core offerings are distinguished by their tailored approach, ensuring clients receive personalised support in navigating financial challenges. Pra Group continues to be a notable force in the industry, recognised for its dedication to responsible financial management and sustainable growth.
-1 vs industry average
Pra’s score of 36 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
PRA, a US-headquartered company in Services auxiliary to financial intermediation, reported total greenhouse gas emissions of approximately 33.79 million kg CO2e in 2022. This figure comprises about 38,000 kg CO2e from Scope 1 emissions, 3.67 million kg CO2e from Scope 2 emissions, and 30.26 million kg CO2e from Scope 3 emissions. Notably, Scope 3 emissions include approximately 354,000 kg CO2e from business travel and 29.71 million kg CO2e from purchased goods and services.
In 2021, PRA's total emissions were about 65.06 million kg CO2e, consisting of approximately 62,000 kg CO2e from Scope 1, 26.68 million kg CO2e from Scope 2, and 38.32 million kg CO2e from Scope 3.
Looking back to 2020, the company reported approximately 5.64 million kg CO2e from Scope 1 emissions, about 43.12 million kg CO2e from market-based Scope 2 emissions (or 43.20 million kg CO2e from location-based Scope 2 emissions), and about 2.16 million kg CO2e from Scope 3 emissions.
PRA Group, Inc. has outlined several near-term net-zero commitments. These include a target for 90% of emissions to be subject to direct or collective engagement and stewardship actions by 2030, and a goal for 50% of Assets Under Management (AUM) to be invested in climate solutions by 2025.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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