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PT Bank Mandiri (Persero) Tbk, widely recognised as Bank Mandiri or simply Mandiri, is a prominent financial institution headquartered in Jakarta, Indonesia, with a significant international presence. Established on 2 October 1998 through the merger of four state-owned banks, Mandiri delivers comprehensive financial intermediation services across the banking sector.
As one of Indonesia's largest banks, Mandiri excels in corporate, retail, and investment banking, offering a diverse portfolio of products. These include innovative digital platforms like Livin' by Mandiri and Kopra by Mandiri, alongside traditional loans, savings, and wealth management services, cementing its position as a market leader in Southeast Asia.
+10 vs industry average
Mandiri’s score of 47 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Mandiri, an Indonesian financial intermediation services company, reported total carbon emissions of approximately 20.57 billion kg CO2e for 2025. This includes about 52.8 million kg CO2e from Scope 1 emissions, 190.9 million kg CO2e from Scope 2 emissions, and roughly 20.33 billion kg CO2e from Scope 3 emissions. Within Scope 3, investments contributed about 4.87 million kg CO2e, business travel approximately 4.44 million kg CO2e, and purchased goods and services about 431,000 kg CO2e.
In 2024, Mandiri's total emissions were approximately 19.59 billion kg CO2e, with around 46.7 million kg CO2e from Scope 1, 192.8 million kg CO2e from Scope 2, and about 19.35 billion kg CO2e from Scope 3. For 2023, total emissions stood at approximately 18.37 billion kg CO2e, comprising around 43.1 million kg CO2e from Scope 1, 252.6 million kg CO2e from Scope 2, and about 18.07 billion kg CO2e from Scope 3.
Mandiri's reported Scope 1 and Scope 2 emissions for earlier years were approximately 302.8 million kg CO2e in 2022, about 314.3 million kg CO2e in 2021, approximately 315.3 million kg CO2e in 2020, and around 358.7 million kg CO2e in 2019. These historical figures indicate a general trend in operational emissions (Scope 1 and 2).
Mandiri does not currently have specific disclosed reduction targets, SBTi reduction targets, or a stated climate pledge. All emissions data is directly reported by Mandiri (PT Bank Mandiri (Persero) Tbk) and not cascaded from a parent organization.
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No climate goals have been disclosed for Mandiri yet.
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