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 53% 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 emissions of approximately 4,818,000 kg CO2e, comprising 4,815,400 kg CO2e from Scope 1 and 365,900 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were approximately 128,800,000 kg CO2e, with Scope 1 emissions at 128,800,000 kg CO2e and Scope 2 emissions at 541,000 kg CO2e. In 2021, the company recorded even higher emissions, with approximately 134,884,000 kg CO2e in total, including 134,884,000 kg CO2e from Scope 1 and 717,000 kg CO2e from Scope 2. Despite these reductions, Mikro Kapital has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not disclose any Scope 3 emissions data, which limits the understanding of its overall carbon footprint. Mikro Kapital's headquarters is located in Luxembourg (LU), and it operates with a commitment to transparency in its emissions reporting, as evidenced by its published ESG reports. The company continues to monitor and report its emissions, aiming for further improvements in its climate impact.
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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.
