Mikro Kapital Sustainability Profile
Mikro Kapital, officially known as Mikro Kapital S.A., is a prominent player in the microfinance industry, headquartered in Luxembourg (LU). Founded in 2008, the company has established a strong presence in Eastern Europe, Central Asia, and Africa, focusing on providing financial services to underserved markets. Mikro Kapital's core offerings include microloans, leasing solutions, and investment funds, designed to empower small and medium-sized enterprises (SMEs) and individual entrepreneurs. What sets Mikro Kapital apart is its commitment to social impact, aiming to foster economic development in regions with limited access to traditional banking services. With a robust market position, Mikro Kapital has achieved significant milestones, including partnerships with various international financial institutions, reinforcing its reputation as a leader in the microfinance sector.
DitchCarbon Score
How does Mikro Kapital'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
Mikro Kapital's score of 34 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mikro Kapital's reported carbon emissions
In 2023, Mikro Kapital reported total carbon emissions of approximately 4,815,400 kg CO2e for Scope 1 and about 365,900 kg CO2e for Scope 2. This marks a significant reduction from 2022, where emissions were approximately 128,800,000 kg CO2e for Scope 1 and about 541,000 kg CO2e for Scope 2. The data indicates a proactive approach to managing and reducing their carbon footprint, although no Scope 3 emissions data has been disclosed. Despite the substantial reductions in emissions, Mikro Kapital has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently, with no emissions data cascaded from a parent organisation. Mikro Kapital's commitment to addressing climate change is evident through its emissions reporting, but further clarity on future reduction strategies would enhance its sustainability profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 134,884,000 | 000,000,000 | 0,000,000 |
| Scope 2 | 717,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Mikro Kapital's Industry?
How Carbon Intensive is Mikro Kapital's Location?
Mikro Kapital'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.
Mikro Kapital 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.
