Government National Mortgage Association
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 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 3 is lower than 100% 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 have publicly available carbon emissions data or specific reduction targets. As such, there are no reported figures for their carbon emissions in kg CO2e, nor any documented initiatives aimed at reducing their carbon footprint. In the absence of specific emissions data, it is important to note that many organisations in the financial sector are increasingly committing to sustainability and climate action. This includes setting science-based targets and participating in climate pledges to mitigate their environmental impact. However, without concrete information from GNMA, it is unclear what specific commitments or initiatives they may have in place regarding carbon emissions and climate change.
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.
Government National Mortgage Association 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.
