Home Capital Group Inc. Sustainability Profile
Home Capital Group Inc., commonly referred to as Home Capital, is a leading Canadian financial services company headquartered in Toronto, Ontario. Established in 1986, the firm has carved a niche in the mortgage lending sector, primarily focusing on residential and commercial mortgages across Canada. With a commitment to providing innovative financial solutions, Home Capital offers a range of products, including high-interest savings accounts and investment options, distinguished by their competitive rates and customer-centric approach. The company has achieved significant milestones, including a robust market position as a trusted lender, recognised for its strong capital base and prudent risk management practices. Home Capital continues to play a vital role in the Canadian mortgage market, serving a diverse clientele while maintaining a reputation for reliability and excellence in service delivery.
DitchCarbon Score
How does Home Capital Group Inc.'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
Home Capital Group Inc.'s score of 26 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Home Capital Group Inc.'s reported carbon emissions
Home Capital Group Inc., headquartered in Canada, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is classified as a current subsidiary, and while it inherits data from its parent organisation, no specific emissions data has been provided. In terms of climate commitments, Home Capital Group Inc. has not established any documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi). The lack of specific climate pledges or reduction strategies suggests that the company may still be in the early stages of developing a comprehensive sustainability framework. As a current subsidiary, Home Capital Group Inc. may benefit from broader corporate sustainability initiatives from its parent organisation, but specific details on these initiatives or any cascaded targets are not available. Overall, the company appears to have significant opportunities to enhance its climate commitments and emissions reporting in the future.
How Carbon Intensive is Home Capital Group Inc.'s Industry?
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Home Capital Group Inc.'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.
Home Capital Group Inc. 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.
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