Hippo Enterprises Inc.
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Rising costs
- Higher mortgage rates
- Unplanned repairs
- Unpredictable weather
- Unexpected home repairs (83% of homeowners in 2024)
- Rising home maintenance and repair costs (43% of homeowners concerned in 2025)
- Severe weather events
Mitigation Strategies
- Proactive steps to manage homes (energy efficiency, emergency preparedness, expanded insurance coverage)
- Careful planning and budgeting for home maintenance (1-2% of home's value)
- Scheduling seasonal inspections and preventative tasks
- Addressing common challenges proactively
- Prioritizing home insurance and protection plans
- Developing a maintenance schedule
- Learning basic home repair skills
- Considering home warranties
- Setting aside a maintenance fund
- Assessing home insurance policies for adequate coverage
- Creating a comprehensive emergency plan
- Assembling an emergency kit
- Investing in home resilience upgrades
- Installing smart home monitoring systems
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Unpredictable weather
- Flooding