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Public Profile
Financial Intermediation
US
updated 2 months ago

PennyMac Financial Services Sustainability Profile

Company website

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.

32

Industry Benchmark

PennyMac Financial Services's score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

24%

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PennyMac Financial Services's reported carbon emissions

PennyMac Financial Services, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. As a result, there is no information on their Scope 1, 2, or 3 emissions, nor any significant achievements in carbon reduction initiatives. Without specific data or commitments, it is unclear how PennyMac Financial Services is addressing climate change or contributing to sustainability efforts within the financial services industry.

How Carbon Intensive is PennyMac Financial Services's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PennyMac Financial Services's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is PennyMac Financial Services's Location?

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.

PennyMac Financial Services'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.

PennyMac Financial Services 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.

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

Compare PennyMac Financial Services's Emissions with Industry Peers

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Opendoor Technologies Inc.

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Updated about 1 month ago

Guild Holdings Company

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

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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

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