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.
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
Mbank's score of 71 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mbank's reported carbon emissions
In 2024, mBank S.A. reported total carbon emissions of approximately 16,786,458,010 kg CO2e. This figure includes Scope 1 emissions of about 2,632,350 kg CO2e, Scope 2 emissions of approximately 3,622,260 kg CO2e (market-based), and a significant Scope 3 total of around 30,149,585,900 kg CO2e. The Scope 3 emissions are primarily driven by investments, which account for about 27,081,590,610 kg CO2e. In 2023, mBank's total emissions were approximately 12,472,643,590 kg CO2e, with Scope 1 emissions at about 2,972,420 kg CO2e and Scope 2 emissions (market-based) at approximately 5,012,020 kg CO2e. The Scope 3 emissions for that year were around 12,464,659,160 kg CO2e. The bank has committed to near-term targets aligned with the Science Based Targets initiative (SBTi), focusing on a 1.5°C pathway. These targets cover 24% of its total investment and lending portfolio as of 2022. mBank's emissions reduction initiatives are part of its broader climate commitments, although specific reduction targets have not been disclosed. mBank's emissions data is cascaded from its parent company, mBank S.A., and reflects its operations as a financial institution based in Poland. The bank is actively working towards enhancing its sustainability practices and reducing its carbon footprint in line with industry standards.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 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.
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.
