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Insurance Services
CA
updated 2 days ago

Canada Guaranty Mortgage Insurance Company

Company website

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.

20

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.

29

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.

18%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Canada Guaranty Mortgage Insurance Company's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Canada Guaranty Mortgage Insurance Company is in CA, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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