Public Profile

Mbank

Mbank, officially known as mBank S.A., is a prominent player in the Polish banking sector, headquartered in Wrocław, Poland. Established in 1986, mBank has evolved into a leading financial institution, primarily serving retail and corporate clients across the country and in key European markets. The bank is renowned for its innovative digital banking solutions, offering a range of services including personal accounts, loans, and investment products. mBank's commitment to technology and customer-centric services sets it apart in the competitive landscape. With a strong market position, mBank has received numerous accolades for its digital transformation and customer service excellence, solidifying its reputation as a forward-thinking bank in the industry.

DitchCarbon Score

How does Mbank'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.

30

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

Mbank's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

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Mbank's reported carbon emissions

In 2022, mBank reported total carbon emissions of approximately 19,189,060 kg CO2e, which included 3,554,030 kg CO2e from Scope 1, 4,565,890 kg CO2e from Scope 2, and 11,069,150 kg CO2e from Scope 3 emissions. This marked a significant increase from 2021, where total emissions were about 24,220,530 kg CO2e, with Scope 1 emissions at 3,295,420 kg CO2e, Scope 2 at 12,649,970 kg CO2e, and Scope 3 at 8,275,140 kg CO2e. mBank has committed to near-term targets aligned with the 1.5°C pathway, aiming to cover 24% of its total investment and lending by total assets as of 2022. The bank's initiatives include a focus on reducing emissions from its operations (Scopes 1 and 2) in line with industry standards. As of 2022, mBank has not yet committed to a net-zero target but has set specific reduction targets for its portfolio. The bank's emissions per employee were reported at 1,860 kg CO2e in 2022, reflecting its operational efficiency efforts. mBank continues to monitor and report its emissions, demonstrating a commitment to transparency and climate action within the financial sector in Poland.

Unlock detailed emissions data

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

202020212022
Scope 1
-
0,000,000
0,000,000
Scope 2
-
00,000,000
0,000,000
Scope 3
-
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mbank'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 Mbank is in PL, 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.

Mbank is participating in some 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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