Finance of America Reverse LLC Sustainability Profile
Finance of America Reverse LLC, commonly referred to as FAR, is a leading provider of reverse mortgage solutions headquartered in the United States. Established in 2016, the company has quickly positioned itself as a key player in the reverse mortgage industry, focusing on empowering seniors to leverage their home equity for financial stability. With a strong operational presence across major regions in the US, FAR offers a range of innovative products, including Home Equity Conversion Mortgages (HECMs) and proprietary reverse mortgage options. What sets FAR apart is its commitment to customer education and personalised service, ensuring clients make informed decisions about their financial futures. Recognised for its significant contributions to the reverse mortgage market, Finance of America Reverse has achieved notable milestones, including rapid growth and a reputation for reliability. As a trusted partner for seniors, FAR continues to redefine the landscape of reverse financing.
DitchCarbon Score
How does Finance of America Reverse LLC'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
Finance of America Reverse LLC's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Finance of America Reverse LLC's reported carbon emissions
Finance of America Reverse LLC, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Finance of America Companies Inc., any emissions data would be cascaded from this parent organisation, but no specific figures have been provided. The company has not outlined any documented reduction targets or climate pledges, indicating a lack of formal commitments to reduce carbon emissions at this time. Without specific emissions data or reduction initiatives, it is challenging to assess their environmental impact or climate strategy. In the broader context of the industry, many organisations are increasingly adopting science-based targets and sustainability initiatives to mitigate climate change. However, Finance of America Reverse LLC has yet to publicly commit to such measures or disclose relevant emissions data.
How Carbon Intensive is Finance of America Reverse LLC's Industry?
How Carbon Intensive is Finance of America Reverse LLC's Location?
Finance of America Reverse LLC'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.
Finance of America Reverse LLC 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.
