Enact Releases 2023 Environmental, Social, and Governance (ESG) Report
March 20 2024 - 4:15PM
Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today
announced the release of its 2023 Environmental, Social, and
Governance (ESG) Report covering the calendar year 2023.
This report builds upon Enact’s inaugural ESG report published
in 2023, for the calendar year 2022, by providing additional
insight into Enact’s approach to ESG matters and highlighting
progress across our ESG priorities, along with new insights that
provide additional transparency into Enact’s ESG journey. The new
insights include additional disclosures relating to the Taskforce
on Climate-related Financial Disclosures (TCFD) and the United
Nations Sustainable Development Goals (U.N. SDGs) frameworks.
“On behalf of everyone at Enact, I am pleased to share the next
installment in our efforts to build a more inclusive and
sustainable future for our customers, employees, investors and
communities,” said Rohit Gupta, President and CEO of Enact. “Our
vision for ESG remains closely aligned with our mission to help
more people responsibly achieve the dream of homeownership and to
keep them in their home. We understand that individuals—our
colleagues, customers, board members, and our stakeholders—are the
core of our business, and we are immensely proud of the progress we
have made in addressing their priorities. Going forward we’ll
continue to evaluate our ESG strategy and priorities based on
emerging trends and stakeholder feedback.”
Enact’s 2023 ESG Report is available on Enact’s website at
https://ir.enactmi.com/environmental-social-governance.
Safe Harbor Statement This communication
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act. These forward-looking
statements may address, among other things, our expected financial
and operational results, the related assumptions underlying our
expected results, and the quotations of management. These
forward-looking statements are distinguished by use of words such
as “will,” “may,” “would,” “anticipate,” “expect,” “believe,”
“designed,” “plan,” “predict,” “project,” “target,” “could,”
“should,” or “intend,” the negative of these terms, and similar
references to future periods. These views involve risks and
uncertainties that are difficult to predict and, accordingly, our
actual results may differ materially from the results discussed in
our forward-looking statements. Our forward-looking statements
contained herein speak only as of the date of this press release.
Factors or events that we cannot predict, including risks related
to an economic downturn or recession in the United States and in
other countries around the world; changes in political, business,
regulatory, and economic conditions; changes in or to Fannie Mae
and Freddie Mac (the “GSEs”), whether through Federal legislation,
restructurings or a shift in business practices; failure to
continue to meet the mortgage insurer eligibility requirements of
the GSEs; competition for customers; lenders or investors seeking
alternatives to private mortgage insurance; an increase in the
number of loans insured through Federal government mortgage
insurance programs, including those offered by the Federal Housing
Administration; and other factors described in the risk factors
contained in our 2023 Annual Report on Form 10-K and other filings
with the Securities and Exchange Commission, may cause our actual
results to differ from those expressed in forward-looking
statements. Although Enact believes the expectations reflected in
such forward-looking statements are based on reasonable
assumptions, Enact can give no assurance that its expectations will
be achieved and it undertakes no obligation to update publicly any
forward-looking statements as a result of new information, future
events, or otherwise, except as required by applicable law.
About Enact Holdings,
Inc.Enact (Nasdaq: ACT), operating
principally through its wholly-owned subsidiary Enact Mortgage
Insurance Corporation since 1981, is a leading U.S. private
mortgage insurance provider committed to helping more people
achieve the dream of homeownership. Building on a deep
understanding of lenders' businesses and a legacy of financial
strength, we partner with lenders to bring best-in class service,
leading underwriting expertise, and extensive risk and capital
management to the mortgage process, helping to put more people in
homes and keep them there. By empowering customers and their
borrowers, Enact seeks to positively impact the lives of those in
the communities in which it serves in a sustainable way. Enact is
headquartered in Raleigh, North Carolina.
Investor Contact
Daniel Kohl
EnactIR@enactmi.com
Media Contact
Sarah Wentz
Sarah.Wentz@enactmi.com
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