Mennonite Savings and Credit Union Sustainability Profile
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 26 is lower than 58% 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 emissions, including approximately 0.00447 g CO2e per square foot and 0.00245 g CO2e per employee. However, total emissions figures for that year 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 a parent company or related organisation, indicating that it operates independently in its climate reporting. In the absence of specific emissions data and reduction initiatives, it is essential for Mennonite Savings and Credit Union to establish clear climate commitments and targets to align with industry standards and contribute to global climate goals.
How Carbon Intensive is Mennonite Savings and Credit Union's Industry?
How Carbon Intensive is Mennonite Savings and Credit Union's Location?
Mennonite Savings and Credit Union's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mennonite Savings and Credit Union has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
