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Hoist Finance

Sustainability Report and Carbon Intensity Rankings

Is Hoist Finance doing their part?

Their DitchCarbon score is 63

Hoist Finance has a DitchCarbon Score of 63, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to manage and reduce its carbon intensity. A higher score would suggest even greater success in minimizing their environmental impact through lower carbon emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Hoist Finance is a company in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Hoist Finance is situated in Sweden, a country with a very low carbon intensity rating, indicating a cleaner energy mix and lower emissions. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint through regional energy practices.
12.17%

...this company is doing 12.17% better in emissions than the industry average.

Hoist Finance, founded in 1908, is a prominent financial services provider headquartered in Stockholm, operating within the finance sector. The company specializes in acquiring and managing both non-performing and performing consumer receivables across Europe. As a market leader in Sweden, Hoist Finance offers personalized solutions to clients and debtors, and has established a strong presence in retail deposits through its online savings operation, HoistSpar.

Good news, Hoist Finance has set SBTi climate action goals

Hoist Finance has committed to significantly reducing their greenhouse gas emissions across their operations, aligning with the ambitious 1.5°C warming threshold. This involves targeting direct emissions from their own activities as well as indirect emissions from the energy they purchase and use.

There’s always room for improvement,

DitchCarbon recommends...

Hoist Finance should undertake a thorough assessment of all direct emissions sources to identify areas for reduction and efficiency improvements, and consider shifting to renewable energy sources to potentially lower their Scope 1 emissions by 15%.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.