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Public Profile
Financial Intermediation
US
updated 6 months ago

Open Lending Corporation

Company website

Open Lending Corporation, headquartered in the United States, is a leading provider in the automotive finance industry, specialising in technology-driven solutions for lenders and dealerships. Founded in 2000, the company has established itself as a key player in the market, offering innovative products that enhance the vehicle financing process. Open Lending's core offerings include its Lenders Protection and Open Lending platform, which streamline the underwriting process and improve loan performance. These unique services empower lenders to expand their portfolios while minimising risk, setting Open Lending apart from competitors. With a strong presence across major operational regions in the US, the company has achieved significant milestones, solidifying its reputation as a trusted partner in automotive lending.

DitchCarbon Score

How does Open Lending Corporation'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.

25

Industry Average

Mean score of companies in the 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.

27

Industry Benchmark

Open Lending Corporation's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

45%

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Open Lending Corporation's reported carbon emissions

Open Lending Corporation, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi). As a result, Open Lending Corporation's climate commitments remain unclear, and there are no significant achievements or targets to highlight at this time. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Open Lending Corporation's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Open Lending Corporation is in US, which has a low grid carbon intensity relative to other regions.

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.

Open Lending Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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