Federal Farm Credit Banks Funding Corporation Sustainability Profile
The Federal Farm Credit Banks Funding Corporation, commonly referred to as the Funding Corporation, is headquartered in the United States and plays a pivotal role in the agricultural finance sector. Established to support the Farm Credit System, the organisation primarily focuses on providing funding and liquidity to various Farm Credit Banks across the nation, ensuring that rural communities have access to essential financial services. Founded in the mid-20th century, the Funding Corporation has achieved significant milestones in enhancing the stability and efficiency of agricultural lending. Its core offerings include the issuance of debt securities and the management of funds, which are uniquely tailored to meet the needs of agricultural lenders. With a strong market position, the Funding Corporation is recognised for its commitment to supporting the agricultural industry, contributing to the overall growth and sustainability of rural economies.
DitchCarbon Score
How does Federal Farm Credit Banks Funding 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 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 Farm Credit Banks Funding Corporation's score of 23 is lower than 70% 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 Farm Credit Banks Funding Corporation's reported carbon emissions
The Federal Farm Credit Banks Funding Corporation, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a current subsidiary, it is important to note that any potential emissions data or climate commitments may be cascaded from its parent organisation. However, no specific details regarding such data or initiatives have been provided. In the context of the broader industry, the lack of reported emissions and reduction targets may reflect a need for enhanced transparency and commitment to climate action, aligning with the increasing expectations for corporate sustainability practices.
How Carbon Intensive is Federal Farm Credit Banks Funding Corporation's Industry?
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Federal Farm Credit Banks Funding 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 Farm Credit Banks Funding 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.
