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 73% 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
Mennonite Savings and Credit Union, headquartered in Canada, has not disclosed specific carbon emissions data for recent years. The most recent available data dates back to 2011, which indicates emissions factors for Scope 1. Specifically, the emissions factor for Scope 1 is approximately 0.00447 gCO2e per square foot and 0.00245 gCO2e per employee. However, total emissions figures for Scope 1, Scope 2, and Scope 3 are not provided. Currently, Mennonite Savings and Credit Union does not have any publicly stated reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The organisation has not cascaded emissions data from any parent or related entities, indicating that their climate performance is independently reported. In summary, while Mennonite Savings and Credit Union has some emissions factors available from 2011, there is a lack of comprehensive emissions data and formal climate commitments.
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.
