loanDepot, Inc., a prominent player in the mortgage lending industry, is headquartered in the United States and operates extensively across major regions, including California and Texas. Founded in 2010, the company has rapidly established itself as a leader in home loans and refinancing solutions, achieving significant milestones such as becoming one of the largest non-bank lenders in the nation. Specialising in a range of financial products, loanDepot offers unique services like its proprietary mello™ platform, which streamlines the loan process for customers. This innovative approach, combined with a commitment to customer service, sets loanDepot apart in a competitive market. With a strong market position and a reputation for reliability, loanDepot continues to redefine the mortgage experience for homeowners across the country.
How does loanDepot, 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.
loanDepot, Inc.'s score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
loanDepot, Inc., 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 company. As a result, loanDepot, Inc. does not appear to have established any significant climate commitments or initiatives aimed at reducing its carbon footprint. The lack of emissions data and reduction initiatives suggests that the company may not yet be actively engaged in formal climate action or reporting frameworks, which are increasingly important in the financial services industry. In the context of industry standards, many companies are adopting Science-Based Targets Initiative (SBTi) commitments and participating in the Carbon Disclosure Project (CDP) to enhance transparency and accountability regarding their environmental impact. However, loanDepot, Inc. has not cascaded any such targets or data from a parent organisation, indicating a standalone approach to its climate strategy at this time.
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.
loanDepot, 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.
