Ambac Assurance Corporation, commonly referred to as Ambac, is a prominent player in the financial services industry, headquartered in the United States. Founded in 1971, the company has established itself as a leader in the municipal bond insurance sector, providing credit enhancement and risk management solutions to a diverse range of clients. With a focus on safeguarding investors and enhancing the credit quality of municipal bonds, Ambac offers unique products such as financial guarantees and structured finance solutions. The company has achieved significant milestones, including a successful restructuring process that has strengthened its market position. Ambac's commitment to innovation and financial stability has earned it a reputation for reliability in the industry, making it a trusted partner for issuers and investors alike.
How does Ambac Assurance 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.
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.
Ambac Assurance Corporation'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.
Ambac Assurance Corporation, headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or the scope of their emissions (Scope 1, 2, or 3). Additionally, there are no documented climate commitments or initiatives aimed at reducing greenhouse gas emissions. As the company operates within an industry increasingly focused on sustainability, it may be beneficial for Ambac to establish clear climate commitments and reduction targets to align with global climate goals and enhance its environmental responsibility.
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.
Ambac Assurance Corporation 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.