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 22 is lower than 80% 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
In 2023, Freddie Mac, headquartered in the US, reported no specific carbon emissions data, indicating a lack of disclosed emissions across all scopes (Scope 1, 2, and 3). The absence of emissions figures suggests that the organisation has not yet established a comprehensive reporting framework for its carbon footprint. Freddie Mac has not set any reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of formal targets may reflect an early stage in their climate strategy development. The organisation's emissions data is not cascaded from any parent company, and it operates independently in terms of its climate reporting. As a significant player in the housing finance sector, Freddie Mac's future climate commitments and emissions disclosures will be crucial for aligning with industry standards and addressing climate change effectively.
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.
