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Financial Intermediation
US
updated 5 days ago

PennyMac Loan Services, LLC

Company website

PennyMac Loan Services, LLC, headquartered in the United States, is a prominent player in the mortgage finance industry, specialising in residential mortgage loans and servicing. Founded in 2008, PennyMac has rapidly established itself as a leader in the market, known for its innovative approach to home financing and customer-centric services. 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 unique needs of borrowers. The company’s commitment to technology-driven solutions and streamlined processes sets it apart, ensuring a seamless experience for clients. Recognised for its significant growth and market position, PennyMac has achieved notable milestones, including being one of the largest mortgage lenders in the United States. Its dedication to transparency and customer satisfaction continues to drive its success in the competitive mortgage landscape.

DitchCarbon Score

How does PennyMac Loan Services, LLC'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.

28

Industry Benchmark

PennyMac Loan Services, LLC's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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PennyMac Loan Services, LLC's reported carbon emissions

PennyMac Loan Services, LLC, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is classified as a current subsidiary and does not inherit emissions data from a parent organisation. Consequently, there are no reported Scope 1, 2, or 3 emissions figures available. In terms of climate commitments, PennyMac Loan Services has not established any documented reduction targets or initiatives, nor have they made any climate pledges. This lack of data suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As a current subsidiary, PennyMac Loan Services may benefit from industry trends and practices regarding sustainability and emissions reduction, but specific initiatives or targets have not been disclosed. The absence of emissions data and reduction commitments highlights an opportunity for the company to enhance its environmental accountability and align with broader industry standards.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PennyMac Loan Services, LLC'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 Loan Services, LLC 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 Loan Services, LLC 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?

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