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 30 is higher than 53% 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 2022, mBank S.A. 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. The emissions from mobile combustion accounted for about 3,030,990 kg CO2e, while fugitive emissions contributed approximately 109,470 kg CO2e. The bank's emissions per employee for Scope 1 and 2 were reported at 1,860 kg CO2e. In 2021, mBank's total emissions were approximately 24,220,530 kg CO2e, with Scope 1 emissions at 3,295,420 kg CO2e and Scope 2 emissions at 12,649,970 kg CO2e. The Scope 3 emissions for that year were about 8,275,140 kg CO2e. mBank has committed to near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway. Their portfolio targets cover 24% of total investments and lending by total assets as of 2022. The bank's climate commitments reflect a proactive approach to reducing greenhouse gas emissions, although specific long-term targets have not been disclosed. The emissions data is cascaded from mBank S.A., which is a current subsidiary of Commerzbank AG, indicating a structured approach to sustainability within the corporate family.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| 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
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.
