Fannie Mae, officially known as the Federal National Mortgage Association, is a pivotal player in the US housing finance industry. Headquartered in Washington, D.C., the company operates extensively across the United States, facilitating access to affordable housing. Founded in 1938, Fannie Mae has played a crucial role in the evolution of the mortgage market, particularly through its innovative secondary mortgage market operations. The organisation primarily focuses on providing liquidity, stability, and affordability in the housing market by purchasing and securitising mortgages. Its unique offerings, including mortgage-backed securities, help to lower borrowing costs for homeowners. Fannie Mae's significant market position is underscored by its commitment to supporting sustainable homeownership and its notable achievements in promoting affordable housing initiatives across the nation.
How does Fannie Mae'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.
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.
Fannie Mae's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fannie Mae, headquartered in the US, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that Fannie Mae may still be in the early stages of formalising its climate commitments or reporting on its carbon footprint. As the financial services industry increasingly prioritises sustainability, Fannie Mae's future actions in this area will be crucial for aligning with industry standards and addressing climate change effectively.
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.
Fannie Mae is not committed to any reduction initiatives 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.