Federal Agricultural Mortgage Corporation Sustainability Profile
The Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a pivotal player in the agricultural finance sector, headquartered in the United States. Established in 1988, the corporation has significantly contributed to the growth of rural America by providing innovative financial solutions tailored for agricultural producers and rural infrastructure. Farmer Mac operates primarily in the agricultural mortgage industry, offering a range of products including loan guarantees, mortgage-backed securities, and other financial services designed to enhance the availability of credit in rural areas. Its unique approach combines government support with private sector efficiency, positioning it as a trusted partner for farmers and ranchers. With a strong market presence, Farmer Mac has achieved notable milestones, including consistent growth in its loan portfolio and a commitment to supporting sustainable agricultural practices. This dedication to rural development and financial stability underscores its reputation as a leader in agricultural finance.
DitchCarbon Score
How does Federal Agricultural Mortgage Corporation'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
Federal Agricultural Mortgage Corporation's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Federal Agricultural Mortgage Corporation's reported carbon emissions
The Federal Agricultural Mortgage Corporation, headquartered in the US, currently does not have any reported carbon emissions data for the latest year. As such, there are no specific figures available for Scope 1, Scope 2, or Scope 3 emissions. Additionally, the organisation has not established any documented reduction targets or climate pledges, indicating a lack of formal commitments towards emissions reduction at this time. Without available emissions data or reduction initiatives, it is challenging to assess the corporation's climate impact or commitments within the agricultural finance sector.
How Carbon Intensive is Federal Agricultural Mortgage Corporation's Industry?
How Carbon Intensive is Federal Agricultural Mortgage Corporation's Location?
Federal Agricultural Mortgage Corporation'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.
Federal Agricultural Mortgage Corporation 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.
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