Ambac Financial Group, Inc. Sustainability Profile
Ambac Financial Group, Inc., 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 essential credit enhancement solutions to issuers and investors alike. With a focus on risk management and financial guarantees, Ambac offers a range of services, including financial guarantees for municipal bonds and structured finance products. Its unique approach combines deep industry expertise with innovative solutions, positioning the company as a trusted partner in the market. Over the years, Ambac has achieved significant milestones, including navigating complex financial landscapes and maintaining a strong market presence. As a result, it continues to be recognised for its commitment to excellence and reliability in the financial services sector.
DitchCarbon Score
How does Ambac Financial Group, 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.
Industry Average
Mean score of companies in the Insurance Services 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.
Industry Benchmark
Ambac Financial Group, Inc.'s score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ambac Financial Group, Inc.'s reported carbon emissions
Ambac Financial Group, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that Ambac may not have established a comprehensive framework for addressing its carbon footprint or climate impact at this time. As such, the company appears to be in the early stages of developing its climate strategy within the broader context of the financial services industry.
How Carbon Intensive is Ambac Financial Group, Inc.'s Industry?
How Carbon Intensive is Ambac Financial Group, Inc.'s Location?
Ambac Financial Group, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ambac Financial Group, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
