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Public Profile
Financial Intermediation
ID
updated 11 days ago

Mandiri

Company website

Mandiri, officially known as PT Bank Mandiri (Persero) Tbk, is a leading financial institution headquartered in Jakarta, Indonesia. Established in 1998, Mandiri has grown to become one of the largest banks in the country, with a strong presence across major operational regions including Java, Sumatra, and Bali. Operating within the banking industry, Mandiri offers a comprehensive range of services, including retail banking, corporate banking, and treasury services. Its unique approach to customer service and innovative digital banking solutions have set it apart in a competitive market. Notable achievements include being recognised as one of the top banks in Indonesia, reflecting its robust market position and commitment to excellence. With a focus on sustainable growth, Mandiri continues to play a pivotal role in Indonesia's economic development.

DitchCarbon Score

How does Mandiri'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.

29

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.

27

Industry Benchmark

Mandiri's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Mandiri's reported carbon emissions

In 2023, PT Bank Mandiri (Persero) Tbk reported total carbon emissions of approximately 18,070,000,000 kg CO2e across all scopes. This includes 43,077,000 kg CO2e from Scope 1, 252,636,000 kg CO2e from Scope 2, and a significant 18,070,000,000 kg CO2e from Scope 3 emissions. The combined emissions from Scope 1 and Scope 2 amounted to about 295,713,000 kg CO2e. Comparatively, in 2022, the bank's emissions were slightly lower, with Scope 1 emissions at 42,698,000 kg CO2e and Scope 2 emissions at 260,082,000 kg CO2e, leading to a total of approximately 303,787,000 kg CO2e for Scope 1 and 2 combined. The Scope 3 emissions remained constant at 18,070,000,000 kg CO2e. Despite these figures, PT Bank Mandiri has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by PT Bank Mandiri (Persero) Tbk. The bank's emissions intensity for Scope 1 and 2 was reported at 7.59 tonnes CO2e per unit of revenue in 2023, reflecting their operational impact on climate change. As of now, there are no documented reduction targets or climate pledges, highlighting an area for potential improvement in their sustainability strategy.

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20192020202120222023
Scope 1
75,640,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
283,113,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
18,070,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mandiri'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 Mandiri is in ID, which has a very high 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.

Mandiri 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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