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.
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.
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.
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.
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.
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.