Paragon Banking Group

Sustainability Report and Carbon Intensity Rankings

Is Paragon Banking Group doing their part?

Their DitchCarbon score is 49

Paragon Banking Group has a DitchCarbon Score of 49 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing their environmental performance.

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

Paragon Banking Group operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. 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

Paragon Banking Group operates in the United Kingdom, which has a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with their operations.
1.83%

...this company is doing 1.83% worse in emissions than the industry average.

Paragon Banking Group, founded in 1985, is a prominent player in the UK’s finance sector, headquartered in Britain. The company specializes in providing a variety of financial services, including specialist mortgage lending, commercial lending to SMEs, and managing consumer loan portfolios through its subsidiary, Idem. With over 430,000 customers and a robust asset management portfolio, Paragon is committed to excellence and integrity in serving diverse sectors and supporting its employees’ career development.

emission intelligence's platform recommendations for Paragon Banking Group

Paragon Banking Group should explore opportunities for fuel switching in their transportation and operations to potentially reduce their emissions by 15%.

Bad news, Paragon Banking Group hasn't committed to SBTi yet.

Paragon Banking Group has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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Our methodology

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

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