Freddie Mac Publishes 2023 Sustainability Report

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) released its 2023 Sustainability Report, detailing the company's sustainability strategy, activities, and performance for the year. This report includes the Sustainability Accounting Standards Board (SASB) Index and Metrics for 2021-2023 and a Taskforce on Climate-Related Financial Disclosures (TCFD) Index. Key highlights include efforts to provide affordable and sustainable housing, financing for energy and water improvements, green bond issuance, and managing climate-related risks. Carol Khalil, Vice President of Corporate Sustainability, emphasized the importance of equitable and responsible home access amidst economic challenges and natural disasters. The full report is available on FreddieMac.com.

MCLEAN, Va., June 27, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published the company’s annual Sustainability Report, which provides details about the company’s 2023 sustainability strategy, activities and performance. The report also includes the company’s Sustainability Accounting Standards Board (SASB) Index and Metrics for the years 2021-2023, as well as a Taskforce on Climate-Related Financial Disclosures (TCFD) Index.

The report highlights the company’s work to provide affordable, equitable and sustainable access to housing, financing for energy and water improvements, issuance of green bonds and many other initiatives. The report also describes the company’s concerted efforts to better manage risks, particularly climate-related risks.

“Our Sustainability Report highlights Freddie Mac’s 2023 efforts to help make home possible equitably and responsibly for families across the nation,” said Carol Khalil, Vice President of Corporate Sustainability. “Over the past year, we have refined our sustainability strategy, engaged internal and external stakeholders in our programs and initiatives, and communicated our progress through reports and other disclosures. Acknowledging that economic conditions and natural disasters have created new challenges for housing, it’s critical we continue to do our part in supporting sustainability for both the housing market and the environment.”

The full report is available at FreddieMac.com/.

Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Fred Solomon
703- 903-3861
Frederick_Solomon@FreddieMac.com

FAQ

What is the focus of Freddie Mac's 2023 Sustainability Report?

Freddie Mac's 2023 Sustainability Report focuses on the company's sustainability strategy, activities, and performance, including affordable housing, financing for energy and water improvements, and managing climate-related risks.

When was Freddie Mac's 2023 Sustainability Report published?

Freddie Mac's 2023 Sustainability Report was published on June 27, 2024.

What indices are included in Freddie Mac's 2023 Sustainability Report?

The report includes the Sustainability Accounting Standards Board (SASB) Index and Metrics for 2021-2023, and a Taskforce on Climate-Related Financial Disclosures (TCFD) Index.

What initiatives does Freddie Mac highlight in their 2023 Sustainability Report?

Freddie Mac highlights initiatives such as providing affordable housing, financing for energy and water improvements, issuing green bonds, and managing climate-related risks.

Who commented on Freddie Mac's 2023 Sustainability Report?

Carol Khalil, Vice President of Corporate Sustainability, commented on the report, emphasizing the importance of equitable and responsible home access.

Where can I find Freddie Mac's 2023 Sustainability Report?

Freddie Mac's 2023 Sustainability Report is available on their official website, FreddieMac.com.