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 51% 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 specific carbon emissions data, as there are no available figures for emissions in kg CO2e. The company has not established documented reduction targets or climate pledges, indicating a lack of formal commitments to reduce carbon emissions at this time. As there is no emissions data or reduction initiatives reported, Sagen MI Canada Inc. may be in the early stages of developing its climate strategy. The absence of specific targets or achievements suggests that the company has yet to align with industry-standard climate commitments, such as those set by the Science Based Targets initiative (SBTi) or other recognised frameworks. In the context of the broader industry, companies are increasingly expected to disclose their carbon footprints and set ambitious reduction targets to combat climate change. Sagen MI Canada Inc. may need to consider establishing such commitments to enhance its sustainability profile and meet stakeholder expectations.
How Carbon Intensive is Sagen MI Canada Inc.'s Industry?
How Carbon Intensive is Sagen MI Canada Inc.'s Location?
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.
