MFE Formwork Technology

Sustainability Report and Carbon Intensity Rankings

Is MFE Formwork Technology doing their part?

Their DitchCarbon score is 44

MFE Formwork Technology has a DitchCarbon Score of 44 out of 100, indicating moderate performance in sustainability measures. This score reflects the company’s current carbon intensity level, suggesting there is significant room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing overall environmental sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

MFE Formwork Technology is part of the paper products industry, which has a carbon intensity ranking of low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

MFE Formwork Technology, located in Italy, operates in a region with a low carbon intensity rating. This suggests that the company’s sustainability efforts are positively influenced by Italy’s commitment to low carbon emissions.
3.27%

...this company is doing 3.27% better in emissions than the industry average.

Founded in 1991, MFE Formwork Technology is a prominent player in the paper products industry with a global presence in over 40 countries, including Asia, the Middle East, Europe, and the Americas. Headquartered in Malaysia, with additional offices in India, the USA, and Dubai, MFE specializes in an innovative aluminium formwork construction system for reinforced concrete structures. Their technology is renowned for its strength, precision, cost-effectiveness, and the use of concrete for its accessibility and durability in building construction.

Bad news, MFE Formwork Technology hasn't committed to SBTi yet

MFE Formwork Technology has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is either in the process of setting their emissions reduction targets in line with climate science or has not yet taken the step to align with SBTi’s stringent criteria.

There’s always room for improvement,

DitchCarbon recommends...

MFE Formwork Technology should undertake a thorough inventory of all Scope 1 emissions sources to better understand and manage their direct greenhouse gas emissions, which could potentially reduce their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.