Canada Guaranty Mortgage Insurance Company Sustainability Profile
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 20 is lower than 82% 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 no specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company is a current subsidiary of a larger corporate family, inheriting its climate commitments and data from its parent organisation, Canada Guaranty Mortgage Insurance Company. Currently, there are no disclosed reduction targets or climate pledges, indicating a lack of formalised initiatives aimed at reducing carbon emissions. The absence of specific emissions data and reduction commitments suggests that Canada Guaranty Mortgage Insurance Company may be in the early stages of developing a comprehensive climate strategy. As the company continues to evolve, it may benefit from aligning with industry standards and setting measurable targets to enhance its sustainability profile.
How Carbon Intensive is Canada Guaranty Mortgage Insurance Company's Industry?
How Carbon Intensive is Canada Guaranty Mortgage Insurance Company's Location?
Canada Guaranty Mortgage Insurance Company'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.
Canada Guaranty Mortgage Insurance Company 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.
