Freddie Mac
Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, is a pivotal player in the US housing finance industry. Headquartered in McLean, Virginia, the company primarily operates across the United States, facilitating access to affordable mortgage financing. Founded in 1970, Freddie Mac has achieved significant milestones, including the introduction of innovative mortgage products that have transformed the home-buying landscape. Specialising in the purchase and securitisation of mortgages, Freddie Mac offers unique services that enhance liquidity in the housing market. Its core products, such as mortgage-backed securities, provide investors with stable returns while supporting homeownership for millions of Americans. As a government-sponsored enterprise, Freddie Mac holds a prominent market position, recognised for its commitment to promoting affordable housing and financial stability.
DitchCarbon Score
How does Freddie Mac'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
Freddie Mac's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Freddie Mac's reported carbon emissions
Freddie Mac, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. Consequently, there are no recorded emissions in kg CO2e for Scope 1, 2, or 3. In terms of climate commitments, Freddie Mac has not outlined any specific reduction targets or initiatives. The organisation does not appear to have cascaded any emissions data or targets from a parent company or related organisation, such as the Federal Home Loan Mortgage Corporation, which is noted as a source for CDP performance data. As the climate landscape evolves, it remains crucial for Freddie Mac to establish measurable targets and transparent reporting to align with industry standards and contribute to broader climate action efforts.
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.
Freddie Mac 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.
