MGIC Investment Corporation Sustainability Profile
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 63% 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.
How Carbon Intensive is MGIC Investment Corporation's Industry?
How Carbon Intensive is MGIC Investment Corporation's Location?
MGIC Investment Corporation'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.
MGIC Investment Corporation 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.
