Enact Holdings Inc
Enact Holdings Inc., a prominent player in the US insurance and risk management sector, is headquartered in the United States. Founded in 2021, the company has quickly established itself as a leader in providing innovative solutions for the mortgage and real estate industries. Enact Holdings focuses on offering mortgage insurance and risk management services, distinguished by its commitment to customer-centric solutions and advanced technology. With a strong presence across major operational regions in the US, Enact Holdings has achieved significant milestones, including rapid growth in market share and recognition for its robust underwriting capabilities. The company’s unique approach combines data analytics with personalised service, positioning it as a trusted partner for lenders and homeowners alike. As a result, Enact Holdings continues to solidify its reputation as a key player in the evolving landscape of mortgage insurance.
DitchCarbon Score
How does Enact Holdings 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 Services Auxiliary to 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
Enact Holdings Inc's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Enact Holdings Inc's reported carbon emissions
In 2023, Enact Holdings Inc, headquartered in the US, reported total carbon emissions of approximately 873,000 kg CO2e. This figure includes about 203,000 kg CO2e from Scope 1 emissions and about 670,000 kg CO2e from Scope 2 emissions. The previous year, 2022, the company recorded total emissions of about 898,000 kg CO2e, with Scope 1 emissions at approximately 204,000 kg CO2e and Scope 2 emissions at about 694,000 kg CO2e. Enact Holdings has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. This long-term target was established in 2023, indicating a proactive approach to reducing their carbon footprint. It is important to note that the emissions data for Enact Holdings is cascaded from its parent company, Genworth Financial, Inc., reflecting a corporate family relationship. The company is currently classified as a subsidiary, and its emissions reporting is part of a broader commitment to sustainability within the corporate structure. Overall, Enact Holdings Inc is on track to meet its climate goals, with a clear focus on reducing emissions in alignment with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 204,000 | 000,000 |
| Scope 2 | 694,000 | 000,000 |
| Scope 3 | - | - |
Industry emissions intensity
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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.
Enact Holdings Inc 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.
