The Federal Home Loan Banks (FHLBanks) are a network of 11 regional banks headquartered in the United States, established in 1932 to support housing finance and community investment. Operating across major regions, these banks play a crucial role in the housing finance industry by providing liquidity to financial institutions, enabling them to offer affordable housing loans. FHLBanks offer a range of core products and services, including advances, mortgage-backed securities, and community investment programmes, which are designed to enhance the availability of credit for housing and economic development. Their unique cooperative structure allows member institutions to benefit from lower borrowing costs, fostering stability in the housing market. With a strong market position, the Federal Home Loan Banks have consistently contributed to the nation's economic growth, achieving notable milestones in supporting affordable housing initiatives and community development projects.
How does Federal Home Loan Banks'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.
Federal Home Loan Banks's score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Federal Home Loan Banks, headquartered in the US, currently do not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or evaluate their climate commitments. However, the absence of data may indicate a need for enhanced transparency in their environmental impact reporting. As the financial sector increasingly prioritises sustainability, the Federal Home Loan Banks may benefit from establishing clear climate goals and initiatives to align with industry standards and expectations.
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.
Federal Home Loan Banks is not committed to any reduction initiatives 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.