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.
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.
Industry Benchmark
MuniFin's score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MuniFin's reported carbon emissions
In 2023, MuniFin, headquartered in Finland (FI), reported no specific carbon emissions data, indicating a lack of disclosed emissions figures for Scope 1, 2, and 3. The absence of absolute emissions numbers suggests that MuniFin may be in the early stages of formal emissions reporting or is focusing on other climate commitments. For 2022, MuniFin also did not disclose any emissions data. However, they have provided information on emission factors related to district heating projects, with a Scope 2 emission factor of approximately 0.046 kg CO2e per kWh for the average in Sweden. Currently, MuniFin has not set any publicly available reduction targets or commitments under the Science Based Targets initiative (SBTi) or similar frameworks. This lack of defined targets may reflect a broader industry context where financial institutions are increasingly recognising the importance of climate action but may still be developing comprehensive strategies to measure and reduce their carbon footprints. Overall, while MuniFin has not disclosed specific emissions data or reduction targets, their engagement with emission factors indicates a potential focus on understanding and managing their climate impact in the future.
Industry emissions intensity
Location emissions 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.
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.
