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 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Freddie Mac's reported carbon emissions
Freddie Mac, headquartered in the US, currently does not have available carbon emissions data for the most recent year. As such, specific figures regarding their total emissions, including Scope 1, 2, and 3, are not provided. In terms of climate commitments, Freddie Mac has not outlined any specific reduction targets or initiatives. The absence of documented reduction strategies suggests a need for further development in their climate action plans. Freddie Mac's climate-related data is not cascaded from any parent organisation, indicating that their emissions reporting and commitments are independent. The organisation's approach to sustainability and emissions management remains an area for potential growth and enhancement.
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.
