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Financial Intermediation
ID
updated 17 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.

24

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.

30

Industry Benchmark

Mandiri's score of 24 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

38%

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Mandiri's reported carbon emissions

In 2023, PT Bank Mandiri (Persero) Tbk reported total carbon emissions of approximately 295,713,000 kg CO2e, comprising 43,077,180 kg CO2e from Scope 1 and 252,636,000 kg CO2e from Scope 2 emissions. This data reflects the bank's commitment to transparency in its environmental impact, although it does not currently disclose Scope 3 emissions. Over the years, Bank Mandiri has shown a trend in its emissions data. For instance, in 2022, the total emissions were about 303,787,000 kg CO2e, indicating a slight reduction in 2023. The bank's Scope 1 emissions decreased from approximately 42,698,000 kg CO2e in 2022 to 43,077,180 kg CO2e in 2023, while Scope 2 emissions also saw a reduction from about 260,082,000 kg CO2e in 2022. Despite these reductions, Bank Mandiri has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of documented reduction initiatives suggests that while the bank is actively monitoring its emissions, it may need to establish more concrete goals to enhance its climate commitments. Overall, Bank Mandiri's emissions data, inherited from its own corporate structure, highlights its ongoing efforts to manage its carbon footprint, but further commitments and targets would strengthen its position in the financial sector's response to climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

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
-
-
-
-
-

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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Where does DitchCarbon data come from?

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