Public Profile

MuniFin

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.

DitchCarbon Score

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.

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

MuniFin's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

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MuniFin's reported carbon emissions

In 2023, MuniFin, headquartered in Finland (FI), reported its carbon emissions data, although specific figures for total emissions were not disclosed. The company focuses on Scope 2 emissions, particularly in district heating projects, with a national-average-avoided baseline emission factor of approximately 0.084 kg CO2e per kWh. For 2022, MuniFin's emissions data also remains unspecified, but it is noted that the average emission factor for district heating in Sweden was about 0.046 kg CO2e per kWh. Currently, MuniFin has not established any specific reduction targets or climate pledges, indicating a potential area for future commitment in line with industry standards for climate action. The absence of disclosed Scope 1 and Scope 3 emissions data suggests that further transparency may be beneficial for stakeholders. Overall, MuniFin's climate commitments and emissions data reflect an ongoing journey towards enhanced sustainability practices.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MuniFin'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. This request for MuniFin is in FI, which has a very low grid carbon intensity relative to other regions.

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.

MuniFin is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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