Overall impact
B (63)

Commentary

Solvar is a strong overall performer. With a 'B' rating of 63.2 for overall impact (69th percentile compared to all companies), Solvar ranks 49th out of 141 industry peers, behind Goeasy Ltd., Velocity Portfolio, TD Holdings and 45 others, and ahead of Avant, Ent Credit Union, First Help Financial and 89 others. On top material causes for Solvar's industry (Consumer Finance), Solvar performs well in Arts and Culture Access (81.6 score), Equal Pay and Opportunity (86.5), Racial Justice and Civil Rights (87.3) and 1 other cause where it received an 'A' score and performs poorly in Free, Secure Flow of Information (8.2 score) and Terrestrial Biodiversity (36.6).
Screens
Fur
Impact
Cause SVR.AX
Peer rank
Overall impact

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Screens
Fur
Impact trend

Change in rating for overall impact

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Company
Founded
2000
Employees
351
Sector
Financials
Industry
Consumer Finance
Sub-industry
Consumer Finance
SASB industry
Software & IT Services
Headquarters
Vic, Australia
Share classes
SVR.AX
Description
Solvar Limited, together with its subsidiaries, provides automotive finance in Australia and New Zealand. It offers consumer and commercial loans for new and used cars, motorbikes, utility vehicles, tractors, caravan, horse floats, motor bikes, trailers, trucks, boats, and jet skis. The company provides secured and unsecured personal loans. It sells loans through brokers and dealers under the Automotive Financial Services, Go Car Finance, and Money3 brands. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. The company was founded in 2000 and is headquartered in Bundoora, Australia.
Material causes
Ethos considers the following causes material for Solvar, based on its industry sub-industry Consumer Finance. Learn more about material causes in our methodology overview.

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