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 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mennonite Savings and Credit Union's reported carbon emissions
Mennonite Savings and Credit Union, headquartered in Canada, reported its carbon emissions for the year 2011, totalling approximately 244,070 kg CO2e for Scope 1 emissions, 397,820 kg CO2e for Scope 2 emissions, and 182,880 kg CO2e for Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from employee commuting at about 524,120 kg CO2e and business travel at 1,030 kg CO2e. Despite the detailed emissions data, there are currently no specific reduction targets or climate pledges disclosed by Mennonite Savings and Credit Union. The absence of formal commitments highlights an opportunity for the organisation to enhance its climate strategy and align with industry standards for sustainability. As the financial sector increasingly prioritises climate action, establishing measurable reduction targets could significantly bolster their environmental impact and reputation.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 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.
