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Tesla Finance LLC
Tesla Finance LLC, a prominent player in the financial services sector, is headquartered in the United States. Founded in 2003, the company has established itself as a key provider of innovative financing solutions tailored for the electric vehicle industry, particularly for Tesla's range of sustainable transport options. With a focus on consumer and commercial financing, Tesla Finance offers unique leasing and loan products that facilitate the adoption of electric vehicles. Its commitment to sustainability and customer-centric services has positioned it as a leader in the green finance market. Notable achievements include significant partnerships and a growing portfolio that reflects the increasing demand for eco-friendly transportation solutions. Tesla Finance LLC continues to drive the transition to sustainable energy, reinforcing its status as a vital component of Tesla's overarching mission.
DitchCarbon Score
How does Tesla Finance LLC'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 Motor Vehicle Manufacturing 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
Tesla Finance LLC's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest reporting, Tesla Finance LLC does not have specific carbon emissions data available, indicating a lack of disclosed emissions figures for the most recent year. The company is a current subsidiary of Tesla, Inc., which may influence its climate commitments and emissions reporting. Tesla, Inc. has established various climate initiatives and reduction targets that cascade down to Tesla Finance LLC. These initiatives include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which aim to enhance transparency and accountability in emissions reduction efforts. However, specific reduction targets or achievements for Tesla Finance LLC are not detailed in the available data. The absence of direct emissions data suggests that Tesla Finance LLC may rely on the broader corporate strategies and commitments of its parent company, Tesla, Inc., to guide its climate actions. As part of the automotive and energy sectors, Tesla is positioned within an industry increasingly focused on sustainability and reducing carbon footprints, aligning with global climate goals. In summary, while Tesla Finance LLC does not report specific emissions figures, it is part of a corporate family that is actively engaged in climate initiatives and commitments through Tesla, Inc.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 185,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 403,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 |
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.
Tesla Finance LLC is not participating in any of the initiatives that 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.
