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Financial Intermediation
ID
updated a month 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.

29

Industry Benchmark

Mandiri's score of 24 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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Mandiri's reported carbon emissions

In 2023, PT Bank Mandiri (Persero) Tbk reported total carbon emissions of approximately 43077180 kg CO2e for Scope 1, 252636000 kg CO2e for Scope 2, and 295713180 kg CO2e for Scope 3 emissions, primarily from investments. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2022, the bank's emissions were about 42697740 kg CO2e for Scope 1, 260082450 kg CO2e for Scope 2, and 302780190 kg CO2e for Scope 3. This indicates a slight reduction in Scope 1 emissions and a decrease in Scope 2 emissions, while Scope 3 emissions also saw a reduction. Despite these figures, PT 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 a need for enhanced climate commitments moving forward. Overall, PT Bank Mandiri's emissions data illustrates its current carbon footprint and highlights the importance of establishing clear reduction targets to align with global climate goals.

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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