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 43 is higher than 95% 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 2022, Provident Financial reported total greenhouse gas emissions of approximately 247,788,000 kg CO2e. This figure includes 13,000 kg CO2e from Scope 1 emissions, 862,000 kg CO2e from Scope 2 emissions, and a significant 227,524,000 kg CO2e from Scope 3 emissions, which primarily stem from investments and other indirect activities. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 39.9% by 2028, using 2021 as the baseline year. Additionally, Provident Financial is committed to ensuring that 78% of its suppliers, based on spend for purchased goods and services, will have science-based targets by 2027. This commitment aligns with industry standards for reducing emissions and demonstrates a proactive approach to climate responsibility. Overall, Provident Financial's initiatives reflect a strong commitment to addressing climate change and reducing its carbon footprint in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,487,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 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 | 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.
