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.
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.
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.
Home Capital Group Inc.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Home Capital Group Inc., headquartered in Canada, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that Home Capital Group Inc. is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organization. However, no specific data or targets have been provided from the parent company or any related initiatives such as SBTi or CDP. In the context of the financial services industry, many companies are increasingly focusing on sustainability and climate commitments. Home Capital Group Inc. may need to consider developing a comprehensive strategy to address climate change and carbon emissions in line with industry standards and expectations.
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.
Home Capital Group Inc. 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.