Lendology, a pioneering financial services provider based in Great Britain, has been transforming the lending landscape since its inception in 2014. With a focus on ethical lending, Lendology operates primarily in the South West of England, offering innovative solutions to individuals and businesses seeking financial support. Specialising in community-focused loans, Lendology stands out with its unique approach to funding, prioritising social impact alongside financial returns. The company’s core offerings include personal loans, business loans, and home improvement financing, all designed to empower borrowers while fostering local economic growth. Recognised for its commitment to responsible lending, Lendology has established a strong market position, earning accolades for its customer-centric services and community engagement initiatives. As it continues to expand its reach, Lendology remains dedicated to making a positive difference in the lives of its clients.
How does Lendology'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 Insurance Services 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.
Lendology's score of 26 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Lendology reported a carbon emissions figure of approximately 990 kg CO2e per full-time equivalent (FTE) employee. This data reflects the company's commitment to understanding and managing its carbon footprint, although specific emissions data for Scope 1, 2, and 3 are not disclosed. Currently, Lendology has not set any formal reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific reduction commitments indicates a potential area for future development in their climate strategy. As a UK-based organisation, Lendology is positioned within a growing sector that increasingly prioritises sustainability and carbon neutrality. While they have not cascaded emissions data from a parent company, their focus on employee-related emissions suggests an awareness of the broader impacts of their operations. Overall, Lendology's current emissions data and lack of formal reduction targets highlight both their existing carbon footprint and the opportunity for enhanced climate commitments moving forward.
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.
Lendology 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.
