Fairstone Financial Inc., a leading provider of financial solutions in Canada, is headquartered in the vibrant city of Montreal, Quebec. Established in 2004, the company has carved a niche in the consumer finance industry, specialising in personal loans and credit products tailored to meet diverse customer needs. With a strong presence across major operational regions in Canada, Fairstone is committed to offering accessible financial services that empower individuals and families. The company’s core offerings include unsecured personal loans, home equity loans, and retail financing, distinguished by their flexible terms and competitive rates. Fairstone's dedication to responsible lending and customer-centric solutions has positioned it as a trusted partner in the financial landscape. Notable achievements include a robust market presence and a commitment to innovation, ensuring that Fairstone remains at the forefront of the evolving financial services sector.
How does Fairstone Financial Inc.'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 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.
Fairstone Financial Inc.'s score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Fairstone Financial Inc. reported total carbon emissions of approximately 2,607,000 kg CO2e, comprising 1,707,000 kg CO2e from Scope 1 and 901,000 kg CO2e from Scope 2. This reflects a slight increase in emissions compared to 2021, when the company recorded about 2,589,000 kg CO2e, with 1,645,000 kg CO2e from Scope 1 and 904,000 kg CO2e from Scope 2. Currently, Fairstone does not disclose any Scope 3 emissions data, nor do they have specific reduction targets or initiatives outlined in their climate commitments. As such, their climate strategy appears to be in the early stages, lacking formalised reduction goals or pledges. The company is headquartered in Canada and is expected to enhance its climate commitments in line with industry standards as it progresses in its sustainability journey.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 1,645,000 | 0,000,000 |
Scope 2 | 904,000 | 000,000 |
Scope 3 | - | - |
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.
Fairstone Financial Inc. 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.