Public Profile

MFB Hungarian Development Bank Private Limited

MFB Hungarian Development Bank Private Limited, commonly referred to as MFB, is a prominent financial institution headquartered in Hungary (HU). Established in 1993, MFB has played a pivotal role in the development of the Hungarian economy, focusing on providing financial solutions that support both public and private sectors. Operating primarily in Hungary, MFB offers a range of services including project financing, investment loans, and development funding, tailored to meet the unique needs of its clients. The bank is recognised for its commitment to sustainable development and innovation, positioning itself as a leader in the development banking sector. With a strong emphasis on fostering economic growth, MFB has achieved significant milestones, including partnerships with various international financial institutions, enhancing its market presence and credibility. Its core offerings are designed to facilitate long-term investments, making MFB a vital player in Hungary's financial landscape.

DitchCarbon Score

How does MFB Hungarian Development Bank Private Limited'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.

23

Industry Average

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.

26

Industry Benchmark

MFB Hungarian Development Bank Private Limited's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

MFB Hungarian Development Bank Private Limited's reported carbon emissions

MFB Hungarian Development Bank Private Limited, headquartered in Hungary (HU), currently does not have any available carbon emissions data or specific reduction targets. As such, there are no reported figures for their carbon emissions in kg CO2e, nor are there any documented initiatives aimed at reducing their carbon footprint. The absence of emissions data and reduction commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the financial sector, it is increasingly important for institutions to establish clear climate commitments and reduction targets to align with global sustainability goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MFB Hungarian Development Bank Private Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. MFB Hungarian Development Bank Private Limited is headquartered in HU, which has a rank of low, indicating low grid carbon 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.

MFB Hungarian Development Bank Private Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Similar Organizations

Bank Gospodarstwa Krajowego

PL
Public administration and defence services; compulsory social security services (75)
Updated 4 days ago

Agence France Locale S.A.

FR
Financial intermediation services, except insurance and pension funding services (65)
Updated 28 days ago

Hrvatska banka za obnovu i razvitak

HR
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Institut Català de Finances

ES
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Nrwbank

DE
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Bulgarian Development Bank EAD

BG
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers