MGIC Investment Corporation
MGIC Investment Corporation, commonly known as MGIC, is a leading provider of mortgage insurance headquartered in the United States. Founded in 1957, the company has established a strong presence across major operational regions, including the Midwest and Southeast, serving a diverse clientele in the housing finance industry. Specialising in mortgage insurance and related products, MGIC offers unique solutions that help lenders manage risk while enabling homeownership for borrowers with lower down payments. The company is recognised for its innovative underwriting practices and commitment to customer service, positioning it as a trusted partner in the mortgage market. With a long-standing reputation and significant market share, MGIC has achieved notable milestones, including being one of the first mortgage insurers to offer a comprehensive suite of risk management tools. This dedication to excellence has solidified MGIC's status as a key player in the mortgage insurance sector.
DitchCarbon Score
How does MGIC Investment Corporation'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 Insurance Services 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
MGIC Investment Corporation's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MGIC Investment Corporation's reported carbon emissions
MGIC Investment Corporation, 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 of now, MGIC Investment Corporation has not established any significant climate commitments or initiatives aimed at reducing its carbon footprint. The lack of emissions data and reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the broader industry, many organisations are increasingly adopting science-based targets and sustainability initiatives to address climate change. However, MGIC Investment Corporation has yet to align with these trends or disclose any related commitments.
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.
MGIC Investment Corporation 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.
