Mandiri
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.
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
Mandiri's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, with emissions distributed across various scopes: 43,077,000 kg CO2e for Scope 1, 252,636,000 kg CO2e for Scope 2, and the majority, 18,070,000,000 kg CO2e, attributed to Scope 3. The combined total for Scope 1 and Scope 2 emissions was about 295,713,000 kg CO2e. Comparatively, in 2022, the bank's emissions were slightly lower, with Scope 1 at 42,698,000 kg CO2e, Scope 2 at 260,082,000 kg CO2e, and Scope 3 remaining constant at 18,070,000,000 kg CO2e, leading to a total of approximately 303,787,000 kg CO2e for Scope 1 and 2 combined. 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 initiatives such as 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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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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
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.
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.
