Sagen MI Canada Inc. Sustainability Profile
Sagen MI Canada Inc., formerly known as Genworth Canada, is a leading provider of mortgage insurance solutions headquartered in Canada. Established in 1995, the company has built a strong reputation in the financial services industry, primarily serving the residential mortgage market across major regions in Canada. Sagen MI offers a range of innovative mortgage insurance products designed to facilitate homeownership while managing risk for lenders. Their unique approach combines advanced technology with customer-centric services, setting them apart in a competitive landscape. With a commitment to responsible lending, Sagen MI has achieved significant milestones, including being the first private mortgage insurer in Canada to receive a credit rating from a major agency. Recognised for its market leadership, Sagen MI continues to play a pivotal role in supporting the Canadian housing market, ensuring that homebuyers have access to the financing they need.
DitchCarbon Score
How does Sagen MI Canada Inc.'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
Sagen MI Canada Inc.'s score of 30 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sagen MI Canada Inc.'s reported carbon emissions
Sagen MI Canada Inc., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures. The company has not established any documented reduction targets or commitments to climate initiatives, which suggests a lack of formalised strategies in addressing carbon emissions at this time. As there are no emissions totals or specific reduction initiatives available, Sagen MI Canada Inc. appears to be in the early stages of developing its climate commitments. The absence of cascaded data from a parent or related organization further indicates that the company is operating independently regarding its climate strategy. In summary, Sagen MI Canada Inc. has not yet disclosed any carbon emissions data or reduction targets, highlighting an opportunity for the company to enhance its environmental accountability and commitment to climate action.
How Carbon Intensive is Sagen MI Canada Inc.'s Industry?
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Sagen MI Canada Inc.'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.
Sagen MI Canada Inc. 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.
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