Pra
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Pra's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pra's reported carbon emissions
In 2022, PRA Group, Inc. reported total carbon emissions of approximately 33,785,000 kg CO2e. This figure includes Scope 1 emissions of about 38,000 kg CO2e, primarily from mobile combustion (33,000 kg CO2e), and Scope 2 emissions of approximately 3,667,000 kg CO2e. The majority of their emissions stem from Scope 3, which accounted for about 30,264,000 kg CO2e, with significant contributions from purchased goods and services (29,705,000 kg CO2e) and business travel (354,000 kg CO2e). In the US, PRA Group's Scope 2 emissions were reported at approximately 3,463,000 kg CO2e for the same year. There is no available data for Scope 1 and Scope 3 emissions in the US for 2022. PRA Group has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organisation, indicating that these figures are independently reported by PRA Group, Inc. Overall, while PRA Group has made strides in transparency regarding their emissions, further commitments and reduction strategies would enhance their climate action profile.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
