Freddie Mac Publishes 2021 Sustainability Accounting Standards Board Report
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
MCLEAN, Va., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published its annual sustainability disclosure in accordance with standards issued by the Sustainability Accounting Standards Board (SASB). The report features data for 2020 and 2021 aligned with the SASB Mortgage Finance standards, which are within the Financials sector. Freddie Mac's SASB report also includes data on other relevant metrics pertaining to Commercial Banks and Investment Banking & Brokerages, as appropriate. The full report is available at FreddieMac.com/ESG.
“Freddie Mac is engaging in voluntary reporting based on the SASB standards because transparency is a critical part of our corporate sustainability effort,” said Mark Hanson, senior vice president of securitization for Freddie Mac. “Today’s publication marks another important milestone for our corporate ESG efforts.”
The SASB Standards promote corporate disclosure of financially material sustainability information. More information about the standards is available at SASB.org.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we have made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.
MEDIA CONTACT: Mike Morosi
(703) 918-5851
Michael_Morosi@FreddieMac.com
