Fannie Mae
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 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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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 available at this time. As a significant player in the mortgage finance industry, Fannie Mae's climate commitments and initiatives are crucial for addressing climate change impacts within the sector. However, without specific emissions data or reduction targets, it is challenging to assess their current environmental performance or future commitments. The lack of reported emissions and targets suggests that Fannie Mae may need to enhance its transparency and accountability regarding climate-related actions. This is particularly important as the industry increasingly focuses on sustainability and reducing carbon footprints.
Industry emissions intensity
Location emissions intensity
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.
Fannie Mae 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.
