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Financial Intermediation
US
updated 8 days ago

Upstart Network, Inc.

Company website

Upstart Network, Inc., commonly known as Upstart, is a pioneering financial technology company headquartered in the United States. Founded in 2012, Upstart has rapidly established itself in the lending industry, focusing on personal loans and credit assessment. The company leverages advanced artificial intelligence and machine learning to enhance the borrowing experience, setting it apart from traditional lenders. With a commitment to improving access to credit, Upstart's unique underwriting model evaluates a broader range of factors beyond credit scores, enabling more individuals to secure loans. The company has achieved significant milestones, including partnerships with various banks and credit unions, solidifying its position as a leader in the fintech space. Upstart continues to innovate, aiming to transform the way consumers approach personal finance.

DitchCarbon Score

How does Upstart Network, Inc.'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.

25

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.

30

Industry Benchmark

Upstart Network, Inc.'s score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

40%

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Upstart Network, Inc.'s reported carbon emissions

Upstart Network, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Upstart Holdings, Inc., which may influence its climate commitments and emissions reporting. As of now, Upstart Network, Inc. has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company is still in the early stages of developing its climate strategy. It is important to note that emissions data may be inherited from its parent company, Upstart Holdings, Inc., but no specific figures or targets have been disclosed. This lack of information indicates a potential area for growth in their sustainability efforts and transparency regarding carbon emissions. In summary, while Upstart Network, Inc. is part of a larger corporate family, it currently lacks detailed emissions data and defined climate commitments, highlighting an opportunity for future development in environmental accountability.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Upstart Network, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Upstart Network, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Upstart Network, Inc. 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.

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

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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