Provident Financial
Provident Financial plc, commonly known as Provident, is a leading financial services provider headquartered in Great Britain. Established in 1880, the company has evolved significantly, focusing on consumer credit and personal loans, primarily serving the UK and Ireland. With a strong emphasis on responsible lending, Provident offers a range of products, including home credit, personal loans, and credit cards through its subsidiary, Vanquis Bank. What sets Provident apart is its commitment to customer service and tailored financial solutions that cater to individual needs. Recognised for its market position, Provident Financial has achieved notable milestones, including a robust customer base and a reputation for innovation in the financial sector. As a trusted name in consumer finance, Provident continues to adapt and grow within an ever-changing industry landscape.
DitchCarbon Score
How does Provident Financial'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 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.
Industry Benchmark
Provident Financial's score of 37 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Provident Financial's reported carbon emissions
In 2023, Provident Financial reported total carbon emissions of approximately 20,666,000 kg CO2e, with Scope 1 emissions from stationary combustion at 761,000 kg CO2e and significant Scope 3 emissions primarily from business travel, amounting to about 17,826,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 39.9% by 2028, using 2021 as the baseline year. Additionally, they plan for 78% of their suppliers, by spend on purchased goods and services, to have science-based targets by 2027. In 2022, their total emissions were reported at approximately 247,788,000 kg CO2e, indicating a substantial increase compared to previous years. This highlights the importance of their reduction targets in addressing their carbon footprint. Overall, Provident Financial is actively working towards significant emissions reductions and engaging with suppliers to enhance sustainability across their operations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,487,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,050,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | - | 000,000 |
| Scope 3 | 884,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 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.
Provident Financial is committed to some reduction initiatives 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.
