Countrywide Financial Corporation Sustainability Profile
Countrywide Financial Corporation, often referred to simply as Countrywide, is a prominent player in the financial services industry, headquartered in the United States. Founded in 1969, the company has established itself as a leader in mortgage lending and real estate services, with a significant presence across various regions in the US. Specialising in residential mortgage loans, Countrywide offers a range of products, including fixed-rate and adjustable-rate mortgages, as well as home equity lines of credit. What sets Countrywide apart is its commitment to customer service and innovative financing solutions tailored to meet diverse client needs. Over the years, Countrywide has achieved notable milestones, including being one of the largest mortgage lenders in the country prior to its acquisition in 2008. Its extensive experience and market position continue to make it a trusted name in the financial sector.
DitchCarbon Score
How does Countrywide Financial 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.
Industry Average
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.
Industry Benchmark
Countrywide Financial Corporation's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Countrywide Financial Corporation, headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of Bank of America Corporation, which may influence its climate commitments and emissions reporting. As part of its corporate family relationship, Countrywide Financial Corporation's climate initiatives and performance metrics are likely aligned with those of Bank of America Corporation. However, no specific reduction targets or achievements have been documented for Countrywide itself. The absence of emissions data and reduction initiatives suggests that the company may still be developing its climate strategy or relying on the broader commitments of its parent organisation. In the context of the financial services industry, it is essential for companies like Countrywide to establish clear climate commitments and reduction targets to address the growing concerns around climate change and sustainability.
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| 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 106,870,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,644,068,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,450,834,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Countrywide Financial Corporation's Industry?
How Carbon Intensive is Countrywide Financial Corporation's Location?
Countrywide Financial Corporation's Scope 3 Categories Breakdown
Countrywide Financial Corporation's Scope 3 emissions, which increased by 7% last year and increased by approximately 146% since 2010, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.
Top Scope 3 Categories
Countrywide Financial Corporation'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.
Countrywide Financial Corporation 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.
