PROG Holdings
PROG Holdings, Inc., commonly referred to as PROG, is a leading provider of flexible consumer financing solutions headquartered in the United States. Founded in 2006, the company has established a strong presence across various operational regions, focusing primarily on the retail and e-commerce sectors. PROG Holdings offers a range of innovative products and services, including lease-to-own options and point-of-sale financing, designed to enhance accessibility for consumers. Their unique approach combines technology with customer-centric solutions, setting them apart in the competitive financial services industry. With a commitment to empowering consumers and retailers alike, PROG has achieved significant milestones, solidifying its market position as a trusted partner in the consumer finance landscape.
DitchCarbon Score
How does PROG Holdings'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 Business Services 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
PROG Holdings's score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PROG Holdings's reported carbon emissions
In 2022, PROG Holdings reported total carbon emissions of approximately 18,783,900 kg CO2e for Scope 1, 990,221,000 kg CO2e for Scope 2, and a significant 27,812,930,000 kg CO2e for Scope 3 emissions. This data reflects a comprehensive disclosure of their emissions across all relevant scopes, indicating a robust approach to climate accountability. The company has set ambitious climate commitments, aiming to achieve net-zero emissions for both Scope 1 and Scope 2 by 2030. This initiative is part of their strategy to invest in a modern infrastructure that supports the integration of renewable resources and low- and zero-carbon fuels. In comparison, the 2021 emissions data showed much lower figures, with Scope 1 emissions at 958,290 kg CO2e, Scope 2 at 1,356,770 kg CO2e, and Scope 3 at 977,130 kg CO2e. This stark contrast highlights the significant increase in emissions reported in 2022, particularly in Scope 3, which encompasses the processing of sold products and fuel and energy-related activities. PROG Holdings' commitment to reducing emissions aligns with industry standards and reflects a proactive stance towards climate change mitigation. The company is not currently part of any Science Based Targets initiative (SBTi) but is actively working towards its own reduction goals.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 958,290 | 0,000,000,000 |
| Scope 2 | 1,356,770 | 000,000,000 |
| Scope 3 | 977,130 | 00,000,000,000 |
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.
PROG Holdings 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.
