Enact Holdings Inc Sustainability Profile
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 35 is higher than 56% 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 reported total carbon emissions of approximately 873,000 kg CO2e, a decrease from about 898,000 kg CO2e in 2022. The emissions breakdown for 2023 includes about 203,000 kg CO2e from Scope 1 and approximately 670,000 kg CO2e from Scope 2. Notably, there is no reported data for Scope 3 emissions. Despite the reduction in total emissions, Enact Holdings has not established specific reduction targets or initiatives, as indicated by the absence of documented climate pledges or SBTi targets. The emissions data is cascaded from the parent company, Genworth Financial, Inc., reflecting the corporate family relationship. Enact Holdings is committed to addressing climate change, although specific strategies or commitments have not been detailed in the available data. The company continues to monitor its emissions and may align future efforts with industry standards for sustainability and carbon reduction.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 204,000 | 000,000 |
| Scope 2 | 694,000 | 000,000 |
| Scope 3 | - | - |
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Enact Holdings Inc'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.
Enact Holdings Inc 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.
