Manx Financial Group, often referred to as MFG, is a prominent financial services provider headquartered in the Isle of Man, GB. Established in 2006, the company has made significant strides in the financial sector, focusing on areas such as lending, insurance, and investment services. MFG is renowned for its innovative approach to financial solutions, offering unique products that cater to both individual and corporate clients. With a strong emphasis on customer service and tailored financial strategies, the group has positioned itself as a trusted partner in the industry. Over the years, Manx Financial Group has achieved notable milestones, solidifying its reputation and expanding its operational reach across the UK and beyond. Its commitment to excellence and adaptability in a dynamic market underscores its status as a key player in the financial landscape.
How does Manx Financial Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Manx Financial Group's score of 10 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Manx Financial Group reported total carbon emissions of approximately 92,200 kg CO2e, which includes 9,220 kg CO2e from Scope 1, 44,950 kg CO2e from Scope 2, and 87,110 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions were significantly driven by business travel, accounting for about 66,030 kg CO2e. Comparatively, in 2022, the Group's emissions were approximately 73,040 kg CO2e for Scope 3, 40,670 kg CO2e for Scope 2, and 6,650 kg CO2e for Scope 1. This indicates an increase in emissions across all scopes, particularly in Scope 3, which rose by about 14,070 kg CO2e from the previous year. Despite the lack of specific reduction targets or initiatives disclosed, Manx Financial Group is actively monitoring its carbon footprint across all scopes. The company has not committed to any formal climate pledges or science-based targets, but it continues to assess its emissions and explore potential strategies for reduction in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 6,650 | 0,000 |
Scope 2 | 40,670 | 00,000 |
Scope 3 | 73,040 | 00,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Manx Financial Group is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.