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.
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.
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.
PROG Holdings's score of 25 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 2021, PROG Holdings, headquartered in the US, reported total carbon emissions of approximately 2,031,190 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 reported a Scope 2 emissions intensity of 0.00046 metric tons CO2e per million USD in revenue and 5.0 metric tons CO2e per building square foot. These metrics indicate a focus on reducing emissions relative to revenue and operational footprint. Currently, PROG Holdings has not set any specific reduction targets or initiatives, nor are there any commitments to the Science Based Targets initiative (SBTi) or similar climate pledges. The absence of defined reduction strategies suggests a potential area for improvement in their climate commitments. Overall, while PROG Holdings has made strides in measuring its emissions, further action may be necessary to enhance its sustainability profile and align with industry standards for climate action.
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.