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Public Profile
Services Auxiliary to Financial Intermediation
US
updated 2 months ago

Student Loan Corporation Sustainability Profile

Company website

Student Loan Corporation, often referred to as SLC, is a prominent player in the financial services industry, headquartered in the United States. Established in the early 1990s, SLC has made significant strides in providing innovative student loan solutions, catering primarily to students and educational institutions across the nation. With a focus on federal and private student loans, SLC distinguishes itself through competitive interest rates and flexible repayment options. The corporation's commitment to customer service and financial education has solidified its reputation as a trusted partner for borrowers navigating the complexities of student financing. Recognised for its market position, Student Loan Corporation has achieved notable milestones, including partnerships with various educational institutions, enhancing access to funding for countless students. As a leader in the student loan sector, SLC continues to evolve, addressing the changing needs of borrowers in an increasingly competitive landscape.

DitchCarbon Score

How does Student Loan 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.

58

Industry Average

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.

33

Industry Benchmark

Student Loan Corporation's score of 58 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Student Loan Corporation's reported carbon emissions

Inherited from Capital One Financial Corporation

As of the latest available data, Student Loan Corporation does not report specific carbon emissions figures, indicating a lack of direct emissions data. However, the organisation is a current subsidiary of Capital One Financial Corporation, which cascades its climate commitments and emissions data down to Student Loan Corporation. Capital One Financial Corporation has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments, which are relevant to Student Loan Corporation's climate strategy. These initiatives aim to reduce greenhouse gas emissions across their operations, although specific reduction targets for Student Loan Corporation are not detailed. The emissions data and climate commitments inherited from Capital One Financial Corporation include participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, which focuses on sourcing 100% renewable energy. These commitments reflect a broader industry trend towards sustainability and carbon neutrality. In summary, while Student Loan Corporation does not provide specific emissions data, it aligns with the climate commitments and reduction initiatives set forth by its parent company, Capital One Financial Corporation, as part of its corporate responsibility strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20122013201420152016201720192020202120222023
Scope 1
-
00,000,000
-
-
-
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
188,365,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
25,992,000
-
00,000,000
00,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Student Loan Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Student Loan Corporation's primary industry is Services Auxiliary to Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Student Loan Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Student Loan Corporation is in US, which has a low grid carbon intensity relative to other regions.

Student Loan Corporation's Scope 3 Categories Breakdown

Student Loan Corporation's Scope 3 emissions, which decreased by 24% last year and increased significantly since 2012, 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 "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
83%
Upstream Transportation & Distribution
7%
Employee Commuting
4%
Business Travel
4%
Downstream Leased Assets
<1%
Fuel and Energy Related Activities
<1%

Student Loan Corporation'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.

Student Loan 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Student Loan Corporation's Emissions with Industry Peers

Pennsylvania Higher Education Assistance Agency

US
•
Education services (80)
Updated about 12 hours ago

CoBank, ACB

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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