Environmental Stewardship

As a company, we recognize the importance of a healthy environment to the global community, our business and our people. We believe that Assured Guaranty will experience the impact of environmental issues most strongly in our business as a financial guaranty insurer and as an investor. This is reflected in our Policy on Climate Risk Management and Environmental Stewardship.

We are committed to understanding, managing and mitigating the risks to our business associated with environmental issues and to operating our business in a sustainable and environmentally responsible manner and in line with the principles articulated in our Climate Statement. We believe the direct impact of our operations on the environment is relatively small, but we have a role and a responsibility to manage our operations in ways that reflect our respect for the environment.

As a financial services firm with approximately 350 employees, the direct impact of our operations on the environment is relatively small. Nevertheless, we contribute to the global effort to combat climate change by monitoring our greenhouse gas emissions, which we refer to as GHG emissions. We have a program to measure, manage and report our GHG emissions on an enterprise-wide basis. Pursuant to the Greenhouse Gas Protocol, we collect and analyze internal data annually for our Scope 1, Scope 2 and certain key Scope 3 GHG emissions (air travel). In 2022, the most recent year for which data is available, our Company’s total GHG emissions (using location-based Scope 2) equaled approximately 3,147 total tonnes of carbon dioxide. Our methodology and results are reviewed by an independent third party, which conducts a reasonable assurance review for Scope 1 and Scope 2 emissions and a limited assurance review for Scope 3 emissions, in accordance with ISO 14064-3 International Standards.