Zip Business, a division of Zip Co Limited, is a leading provider of innovative financial solutions headquartered in Australia. Established in 2013, the company has rapidly expanded its operations across major regions, including New South Wales, Victoria, and Queensland. Specialising in flexible business loans, Zip Business stands out for its commitment to simplifying the borrowing process for small to medium-sized enterprises. With a focus on transparency and speed, Zip Business offers a range of products, including unsecured loans and lines of credit, designed to meet the diverse needs of Australian businesses. The company has achieved significant milestones, including partnerships with various industry players, solidifying its position in the competitive fintech landscape. As a trusted name in the industry, Zip Business continues to empower entrepreneurs with accessible funding solutions tailored to drive growth and success.
How does Zip Business loan portfolio'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.
Mean score of companies in the 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.
Zip Business loan portfolio's score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Zip Business loan portfolio, headquartered in Australia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. This lack of data suggests that the portfolio may not have publicly disclosed its carbon footprint or may be in the early stages of emissions reporting. As a current subsidiary of Zip Co Limited, any climate commitments or emissions data may be influenced by the parent company's initiatives. However, no specific reduction targets or climate pledges have been outlined for the Zip Business loan portfolio. This indicates a potential area for development in terms of sustainability practices and transparency regarding carbon emissions. In the broader context, the financial services industry is increasingly focusing on climate commitments, with many organisations setting Science-Based Targets (SBTi) and participating in initiatives like the Carbon Disclosure Project (CDP). As the Zip Business loan portfolio continues to evolve, it may benefit from aligning with these industry standards to enhance its climate strategy and reporting.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | - | - | - | - |
Scope 2 | 43,530 | 000,000 | 00,000 | 0,000 |
Scope 3 | 4,245,460 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Zip Business loan portfolio 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.