Pra Group, Inc., commonly referred to as Pra, is a leading provider of financial services headquartered in the United States. Founded in 1996, the company has established a strong presence in various operational regions, including North America and Europe. Specialising in the acquisition and management of non-performing loans, Pra has carved out a niche in the debt recovery industry. With a commitment to ethical practices and innovative solutions, Pra offers unique services that distinguish it from competitors. The company has achieved significant milestones, including a robust market position and recognition for its customer-centric approach. Pra's dedication to responsible debt management and its strategic growth initiatives have solidified its reputation as a trusted partner in the financial services sector.
How does Pra'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 Services Auxiliary to 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.
Pra's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Pra Group reported carbon emissions of approximately 3,463,000 kg CO2e in the US, specifically from Scope 2 emissions. Globally, their total emissions for the same year reached about 33,785,000 kg CO2e, which included 38,000 kg CO2e from Scope 1, 3,667,000 kg CO2e from Scope 2, and a significant 30,264,000 kg CO2e from Scope 3 emissions. Despite these figures, Pra Group has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. Their commitment to climate action remains vague, with no documented reduction targets or pledges to align with science-based targets. This lack of clear climate commitments may reflect broader industry challenges in addressing carbon emissions effectively.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 5,637,000 | 00,000 | 00,000 |
Scope 2 | 43,120,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | 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.
Pra 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.