Prospect Capital Corporation, often referred to as Prospect, is a prominent investment firm headquartered in the United States. Founded in 2004, the company has established itself as a key player in the business development company (BDC) sector, focusing on private equity and debt investments across various industries. With a strong operational presence in major markets, Prospect Capital is dedicated to providing innovative financing solutions tailored to the needs of middle-market companies. The firm offers a diverse range of financial products and services, including senior secured loans, subordinated debt, and equity investments, which are designed to generate attractive risk-adjusted returns. Prospect's unique approach to investment, combined with its commitment to long-term partnerships, has positioned it as a trusted partner for businesses seeking growth capital. With a solid track record and notable achievements, Prospect Capital continues to enhance its reputation in the competitive landscape of alternative investments.
How does Prospect Capital Corporation'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 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.
Prospect Capital Corporation's score of 23 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Prospect Capital Corporation reported total carbon emissions of approximately 104,745,000 kg CO2e. This figure includes about 14,163,000 kg CO2e from Scope 1 emissions and approximately 90,583,000 kg CO2e from Scope 2 emissions. In comparison, the previous year, 2023, the company recorded total emissions of about 110,752,000 kg CO2e, with Scope 1 emissions at approximately 14,626,000 kg CO2e and Scope 2 emissions at around 96,127,000 kg CO2e. Despite these figures, Prospect Capital Corporation has not established specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of Scope 3 emissions data indicates a potential area for future reporting and commitment. Overall, while the company has shown a slight decrease in total emissions from 2023 to 2024, the lack of formal reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
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.
Prospect Capital Corporation 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.
