MFEX Mutual Funds Exchange AB Sustainability Profile
MFEX Mutual Funds Exchange AB, headquartered in Sweden, is a leading player in the financial services industry, specialising in mutual fund distribution and administration. Founded in 2000, the company has established a strong presence across Europe, providing innovative solutions that streamline the investment process for both institutional and retail clients. MFEX offers a unique platform that facilitates seamless access to a wide range of mutual funds, enabling clients to efficiently manage their investments. With a focus on transparency and operational excellence, the company has achieved significant milestones, including partnerships with numerous asset managers and financial institutions. Recognised for its commitment to enhancing the mutual fund landscape, MFEX continues to solidify its market position as a trusted exchange for mutual fund transactions.
DitchCarbon Score
How does MFEX Mutual Funds Exchange AB'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
MFEX Mutual Funds Exchange AB's score of 57 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
MFEX Mutual Funds Exchange AB's reported carbon emissions
In 2022, MFEX Mutual Funds Exchange AB reported total carbon emissions of approximately 4,717,400 kg CO2e. This figure includes Scope 1 emissions of about 21,700 kg CO2e, Scope 2 emissions of approximately 67,900 kg CO2e, and significant Scope 3 emissions totalling around 4,627,800 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 3,772,400 kg CO2e), business travel (approximately 373,900 kg CO2e), and employee commuting (around 364,200 kg CO2e). MFEX has set ambitious reduction targets, aiming to decrease its Scope 1 and 2 emissions by 55% by 2030, relative to a 2019 baseline. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. The emissions data is cascaded from its parent company, Euroclear SA/NV, which provides a broader context for MFEX's climate commitments and performance. As a current subsidiary, MFEX adheres to the sustainability initiatives and targets established by Euroclear, reinforcing its dedication to reducing its carbon footprint and contributing to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | 00,000 |
| Scope 2 | 37,700 | 00,000 |
| Scope 3 | 68,000 | 0,000,000 |
How Carbon Intensive is MFEX Mutual Funds Exchange AB's Industry?
How Carbon Intensive is MFEX Mutual Funds Exchange AB's Location?
MFEX Mutual Funds Exchange AB's Scope 3 Categories Breakdown
MFEX Mutual Funds Exchange AB's Scope 3 emissions, which increased significantly last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
Top Scope 3 Categories
MFEX Mutual Funds Exchange AB'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.
MFEX Mutual Funds Exchange AB 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.
