Canada Guaranty Mortgage Insurance Company
Canada Guaranty Mortgage Insurance Company, headquartered in Canada, is a leading provider of mortgage default insurance. Established in 2007, the company has rapidly grown to become a key player in the Canadian mortgage insurance industry, serving major operational regions across the country. Specialising in mortgage insurance solutions, Canada Guaranty offers unique products that cater to both homebuyers and lenders, ensuring access to affordable housing options. Their commitment to customer service and innovative risk management strategies has positioned them as a trusted partner in the market. With a focus on enhancing homeownership opportunities, Canada Guaranty has achieved significant milestones, including a strong market presence and recognition for its reliable insurance offerings. As a result, the company continues to play a vital role in supporting the Canadian housing market.
DitchCarbon Score
How does Canada Guaranty Mortgage Insurance Company'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
Canada Guaranty Mortgage Insurance Company's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Canada Guaranty Mortgage Insurance Company's reported carbon emissions
In 2023, Canada Guaranty Mortgage Insurance Company reported total carbon emissions of approximately 806,800 kg CO2e, comprising about 544,600 kg CO2e from Scope 1 and about 262,200 kg CO2e from Scope 2. This marks a reduction from 2022, where emissions were about 544,200 kg CO2e (412,300 kg CO2e from Scope 1 and 131,900 kg CO2e from Scope 2). Over the past few years, the company has demonstrated a commitment to reducing its carbon footprint. In 2022, emissions were significantly lower than in 2020, which recorded about 1,099,000 kg CO2e (789,600 kg CO2e from Scope 1 and 315,400 kg CO2e from Scope 2). The trend indicates a positive trajectory towards emission reductions, although specific reduction targets or initiatives have not been disclosed. Overall, Canada Guaranty Mortgage Insurance Company is actively working towards minimising its environmental impact, aligning with industry standards for climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 718,700 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 482,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Canada Guaranty Mortgage Insurance Company is not participating in any of the initiatives that 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.
