Freddie Mac Sustainability Profile
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 63% 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 there are no available figures for emissions in kg CO2e. The organisation has not established documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As of now, Freddie Mac's climate commitments and initiatives remain unspecified, indicating a potential area for development in their sustainability strategy. The absence of emissions data and reduction targets suggests that the company may be in the early stages of formalising its climate action plans. In the context of the broader industry, financial institutions are increasingly recognising the importance of addressing climate change and are expected to adopt measurable targets and transparent reporting practices. Freddie Mac's future commitments will be crucial in aligning with these industry standards and expectations.
How Carbon Intensive is Freddie Mac's Industry?
How Carbon Intensive is Freddie Mac's Location?
Freddie Mac'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.
Freddie Mac 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.
