Government National Mortgage Association Sustainability Profile
The Government National Mortgage Association, commonly known as Ginnie Mae, is a pivotal entity in the US housing finance sector, headquartered in Washington, D.C. Established in 1968, Ginnie Mae plays a crucial role in promoting affordable housing by guaranteeing mortgage-backed securities (MBS) issued by approved lenders. This unique guarantee enhances the liquidity of the mortgage market, making homeownership more accessible for millions of Americans. Operating primarily within the United States, Ginnie Mae's core services include the issuance of MBS that are backed by government-insured loans, such as those from the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). With a strong market position, Ginnie Mae has consistently been recognised for its contributions to the stability of the housing finance system, ensuring that capital flows to the mortgage market even in challenging economic conditions.
DitchCarbon Score
How does Government National Mortgage Association'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 Funds, trusts, and financial vehicles 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
Government National Mortgage Association's score of 18 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Government National Mortgage Association's reported carbon emissions
The Government National Mortgage Association (GNMA), headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As such, GNMA does not appear to have established any significant climate commitments or initiatives aimed at reducing its carbon footprint. This lack of data may reflect a broader trend within the financial services sector, where many organisations are still developing comprehensive strategies to address climate change and carbon emissions. In summary, without available emissions data or reduction initiatives, GNMA's current stance on carbon emissions and climate commitments remains unclear.
How Carbon Intensive is Government National Mortgage Association's Industry?
How Carbon Intensive is Government National Mortgage Association's Location?
Government National Mortgage Association'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.
Government National Mortgage Association 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.
