MuniFin, officially known as Municipal Finance Plc, is a leading financial institution headquartered in Finland. Established in 2015, the company primarily serves municipalities and public sector entities across the Nordic region, providing tailored financing solutions that support sustainable development and infrastructure projects. Specialising in long-term loans and financial advisory services, MuniFin stands out for its commitment to responsible lending and environmental sustainability. The company has achieved significant milestones, including a strong market position as a trusted partner for local governments, enabling them to realise their strategic objectives. With a focus on innovation and customer-centric solutions, MuniFin continues to enhance its offerings, ensuring that public sector clients have access to the financial resources necessary for growth and development.
How does MuniFin'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.
MuniFin's score of 3 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, MuniFin reported its carbon emissions data, focusing on Scope 2 emissions related to electricity consumption. The average emission factor for district heating in Sweden was approximately 0.046 kg CO2e per kWh. For 2023, the total national-average-avoided baseline emission factor applied in district heating projects increased to about 0.084 kg CO2e per kWh. Currently, MuniFin has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This indicates a potential area for growth in their climate commitments, as the industry increasingly prioritises measurable and ambitious emissions reduction strategies. Overall, while MuniFin is actively monitoring its emissions, further transparency regarding its climate commitments and reduction strategies would enhance its sustainability profile.
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.
MuniFin 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.