Freddie Mac
Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, is a pivotal player in the US housing finance industry. Headquartered in McLean, Virginia, the company primarily operates across the United States, facilitating access to affordable mortgage financing. Founded in 1970, Freddie Mac has achieved significant milestones, including the introduction of innovative mortgage products that have transformed the home-buying landscape. Specialising in the purchase and securitisation of mortgages, Freddie Mac offers unique services that enhance liquidity in the housing market. Its core products, such as mortgage-backed securities, provide investors with stable returns while supporting homeownership for millions of Americans. As a government-sponsored enterprise, Freddie Mac holds a prominent market position, recognised for its commitment to promoting affordable housing and financial stability.
DitchCarbon Score
How does Freddie Mac'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
Freddie Mac's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Freddie Mac's reported carbon emissions
In 2023, Freddie Mac, headquartered in the US, reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, Scope 2, or Scope 3 emissions figures. The organisation's revenue for the year was approximately $22.1 billion. Despite the absence of emissions data, Freddie Mac is committed to addressing climate change through various initiatives, although no specific reduction targets or climate pledges have been outlined. Freddie Mac's emissions data is not cascaded from any parent organisation, and it operates independently in its climate commitments. The company is part of the Federal Home Loan Mortgage Corporation, which may influence its sustainability practices, but no specific emissions data or reduction targets have been inherited from this relationship. Overall, while Freddie Mac has not disclosed specific emissions figures or reduction targets, it remains engaged in the broader conversation around climate commitments within the financial sector.
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.
Freddie Mac 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.
