SocietyOne Australia Pty. Ltd. Sustainability Profile
SocietyOne Australia Pty. Ltd., commonly known as SocietyOne, is a leading peer-to-peer lending platform headquartered in Australia. Established in 2012, the company has revolutionised the personal finance landscape by connecting borrowers directly with investors, primarily operating across major urban regions in Australia. Specialising in personal loans, SocietyOne offers unique, tailored financial solutions that cater to a diverse range of customer needs. Their innovative approach to lending not only simplifies the borrowing process but also provides competitive rates, making them a preferred choice for many Australians. With a strong market position, SocietyOne has achieved significant milestones, including substantial growth in loan origination and a commitment to responsible lending practices. Their dedication to transparency and customer satisfaction sets them apart in the financial services industry.
DitchCarbon Score
How does SocietyOne Australia Pty. Ltd.'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 Computer 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
SocietyOne Australia Pty. Ltd.'s score of 52 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SocietyOne Australia Pty. Ltd. currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of MoneyMe Limited, which may influence its climate commitments and initiatives. However, no specific reduction targets or climate pledges have been documented for SocietyOne. As a subsidiary, SocietyOne may align its climate strategies with those of MoneyMe Limited, which could include industry-standard practices and commitments to reduce carbon emissions. The lack of direct emissions data suggests that SocietyOne is in the early stages of developing its climate action framework or may rely on the overarching strategies of its parent company. In summary, while SocietyOne Australia Pty. Ltd. does not currently report specific emissions figures or reduction targets, its relationship with MoneyMe Limited may provide a pathway for future climate commitments and initiatives.
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| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | 5,350 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | 60,020 | 00,000 | - | - | - |
| Scope 3 | 1,855,900 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is SocietyOne Australia Pty. Ltd.'s Industry?
How Carbon Intensive is SocietyOne Australia Pty. Ltd.'s Location?
SocietyOne Australia Pty. Ltd.'s Scope 3 Categories Breakdown
SocietyOne Australia Pty. Ltd.'s Scope 3 emissions, which increased by 3% last year and increased by approximately 256% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 49% of Scope 3 emissions.
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SocietyOne Australia Pty. Ltd.'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.
SocietyOne Australia Pty. Ltd. 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.
