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.
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.
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.
Sagen MI Canada Inc.'s score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sagen MI Canada Inc., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and commitments suggests that Sagen MI Canada Inc. may not yet have established a formal framework for addressing its carbon footprint or engaging in climate action initiatives. As the company operates within the financial services sector, it is increasingly important for organisations in this industry to adopt robust climate strategies and transparency in emissions reporting. Without specific emissions data or reduction initiatives, Sagen MI Canada Inc. may face challenges in aligning with industry standards and expectations regarding sustainability and climate responsibility.
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.
Sagen MI Canada Inc. 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.