Credit Corp. Group Ltd.
Industry Group: Diversified Financials
Country/Region: Australia
Identifier: ASX:CCP
Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 74 out of 872
Universe
Global Universe 1978 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Credit Corp. Group Ltd. |
15.5
Low
|
74 out of 872 |
Isracard Ltd. |
19.7
Low
|
181 out of 872 |
Sun Hung Kai & Co. Ltd. |
24.5
Medium
|
312 out of 872 |
LOTTE Rental Co., Ltd. |
24.9
Medium
|
332 out of 872 |
Hoist Finance AB |
29.5
Medium
|
506 out of 872 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Credit Corp. Group Ltd.'s Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Credit Corp. Group Ltd.'s Management of ESG Material Risk is Strong