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.
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.
Industry Benchmark
PennyMac Financial Services's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that PennyMac may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As the financial services sector increasingly prioritises sustainability, it is essential for companies like PennyMac to consider developing and disclosing comprehensive climate strategies to align with global efforts in reducing greenhouse gas emissions.
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.
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.
