Mennonite Savings and Credit Union
Mennonite Savings and Credit Union (MSCU), headquartered in Ontario, Canada, is a prominent player in the financial services industry, specialising in community-focused banking solutions. Founded in 1964, MSCU has established itself as a trusted institution, serving members across various regions in Ontario and beyond. The credit union offers a range of core products and services, including savings accounts, loans, and investment options, all designed to meet the unique needs of its members. MSCU is distinguished by its commitment to ethical banking practices and community development, fostering a sense of belonging among its clientele. With a strong market position, MSCU has achieved notable milestones, including recognition for its customer service excellence and community engagement initiatives. As a member-driven organisation, Mennonite Savings and Credit Union continues to prioritise the financial well-being of its members while contributing positively to the communities it serves.
DitchCarbon Score
How does Mennonite Savings and Credit Union'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
Mennonite Savings and Credit Union's score of 23 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mennonite Savings and Credit Union's reported carbon emissions
In 2011, Mennonite Savings and Credit Union reported total carbon emissions of approximately 244,070 kg CO2e from Scope 1, 397,820 kg CO2e from Scope 2, and 182,880 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from employee commuting at about 524,120 kg CO2e and purchased goods and services at approximately 89,510 kg CO2e. Currently, there are no specific reduction targets or climate pledges disclosed by the organisation. This indicates a potential area for growth in their climate commitments, especially in the context of increasing industry standards for sustainability and carbon footprint reduction. As a financial institution headquartered in Canada, Mennonite Savings and Credit Union may benefit from aligning with broader climate initiatives to enhance their environmental impact and accountability.
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| 2011 | |
|---|---|
| Scope 1 | 244,070 |
| Scope 2 | 397,820 |
| Scope 3 | 182,880 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Mennonite Savings and Credit Union is not participating in any of the initiatives that 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.
