PROG Holdings Sustainability Profile
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 19 is lower than 74% 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 2021, PROG Holdings, headquartered in the US, reported total carbon emissions of approximately 2,911,190 kg CO2e. This figure includes Scope 1 emissions of about 958,290 kg CO2e, Scope 2 emissions of around 1,356,770 kg CO2e, and Scope 3 emissions totalling approximately 977,130 kg CO2e. For 2022, while specific emissions data was not disclosed, the company provided insights into its Scope 2 emissions intensity, reporting an intensity of 0.00046 metric tons CO2e per million USD in revenue and 5.0 metric tons CO2e per building square foot. Currently, PROG Holdings has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges or reduction initiatives indicates a potential area for future development in their sustainability strategy. Overall, PROG Holdings' emissions data reflects a significant carbon footprint, particularly in Scope 2 emissions, highlighting the need for enhanced climate commitments and reduction strategies moving forward.
How Carbon Intensive is PROG Holdings's Industry?
How Carbon Intensive is PROG Holdings's Location?
PROG Holdings'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.
PROG Holdings 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.
