Public Profile

PennyMac Financial Services

PennyMac Financial Services, Inc., commonly referred to as PennyMac, is a leading mortgage banking firm headquartered in the United States. Founded in 2008, the company has rapidly established itself as a key player in the financial services industry, particularly in the realms of mortgage origination and servicing. With a strong presence across major operational regions, PennyMac offers a diverse range of products, including conventional, FHA, and VA loans, tailored to meet the needs of various borrowers. What sets PennyMac apart is its commitment to customer service and innovative technology, streamlining the mortgage process for a seamless experience. The company has achieved significant milestones, including being one of the largest mortgage lenders in the U.S., reflecting its robust market position and dedication to excellence in the financial sector.

DitchCarbon Score

How does PennyMac Financial Services'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.

23

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.

26

Industry Benchmark

PennyMac Financial Services's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

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PennyMac Financial Services's reported carbon emissions

PennyMac Financial Services, headquartered in the US, currently does not have publicly available data on its carbon emissions, as there are no reported figures for emissions in kg CO2e. Additionally, there are no specified reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that the company may still be in the early stages of formalising its climate commitments or reporting practices. In the context of the financial services industry, it is increasingly important for companies to establish clear sustainability goals and transparent reporting to address climate change effectively.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PennyMac Financial Services's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for PennyMac Financial Services is in US, which has a low grid carbon intensity relative to other regions.

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.

PennyMac Financial Services 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers