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 53% 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. In comparison, the previous year, 2022, the company emitted 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. This indicates a slight reduction in total emissions year-on-year. Enact Holdings does not currently disclose any Scope 3 emissions data, nor does it have specific reduction targets or initiatives outlined in its climate commitments. The emissions data is cascaded from its parent company, Genworth Financial, Inc., reflecting the corporate family relationship. Overall, while Enact Holdings has shown a minor decrease in emissions, it lacks formalised reduction targets or commitments to further enhance its climate strategy.
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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.
