Fannie Mae Sustainability Profile
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.
DitchCarbon Score
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.
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
Fannie Mae's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fannie Mae's reported carbon emissions
Fannie Mae, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a significant player in the housing finance sector, Fannie Mae's climate commitments and initiatives are crucial for addressing the broader impacts of climate change within the industry. However, without specific emissions data or reduction targets, it is challenging to assess their current environmental performance or commitments. The lack of reported emissions and reduction initiatives suggests that Fannie Mae may need to enhance its transparency and accountability regarding climate action, aligning with industry standards and expectations for sustainability.
How Carbon Intensive is Fannie Mae's Industry?
How Carbon Intensive is Fannie Mae's Location?
Fannie Mae'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.
Fannie Mae 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.
