Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Mbank, officially known as mBank S.A., is a prominent player in the financial intermediation services sector, headquartered in Poland (PL). Established in 1986, mBank has evolved into a leading provider of innovative banking solutions, primarily focusing on retail and corporate banking services.
With a strong presence in major operational regions across Poland and Central Europe, mBank distinguishes itself through its digital-first approach, offering a range of core products including personal accounts, loans, and investment services. The bank's commitment to technology and customer-centric solutions has earned it a notable position in the market, recognised for its efficiency and user-friendly platforms.
Over the years, mBank has achieved significant milestones, solidifying its reputation as a forward-thinking institution in the financial landscape.
68
DitchCarbon score
+31 vs industry average
Mbank’s score of 68 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Mbank?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Mbank's reported carbon emissions
mBank, a financial intermediation services provider based in Poland, reported total emissions of approximately 16.79 billion kg CO2e in 2024. This includes about 2.63 million kg CO2e from Scope 1 emissions, 990,000 kg CO2e from market-based Scope 2 emissions (or 17.83 million kg CO2e from location-based Scope 2 emissions), and approximately 30.15 billion kg CO2e from Scope 3 emissions. Notably, Scope 3 investments accounted for about 27.08 billion kg CO2e in 2024.
Looking back, mBank's total emissions were approximately 12.47 billion kg CO2e in 2023 and about 13.99 billion kg CO2e in 2022. For 2021, the company reported Scope 1 emissions of 1.77 million kg CO2e and market-based Scope 2 emissions of 2.02 million kg CO2e.
mBank has committed to ambitious climate targets. The bank aims to achieve net-zero emissions in its own operations (Scope 1 and 2) by 2040 and across its Scope 3 emissions by 2050. This net-zero commitment for Scope 3 emissions is also highlighted in an investor presentation.
In the near term, mBank plans to reduce its absolute Scope 1 and 2 GHG emissions by 42% by 2030, compared to a 2022 baseline. Furthermore, it has an intensity target to reduce its real estate portfolio GHG emissions per square metre by 54% by 2030, also from a 2022 base year. The company also intends to reduce the intensity of portfolio emissions by 2030 (compared to 2022) across various categories: 64% for commercial real estate, 66% for the power generation sector, 54% for residential real estate, 47% for leasing, and 10% for assets under management. mBank also aims to lower the temperature rating of its corporate loan portfolio by 2029.
mBank S.A. has committed to Science Based Targets initiative (SBTi) with near-term targets set for 2029, consistent with a 1.5°C warming scenario for its Scope 1 and 2 emissions. Its portfolio targets cover 24% of its total investment and lending by total assets as of 2022.
Assessing Mbank as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Mbank and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Mbank’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 1
mBank commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.
At risk42%
2030
42% reduction in Scope 2
mBank commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.
At risk42%
2030
54% reduction in scope 3 total
SDA: mBank commits to reduce its mortgage portfolio GHG emissions 54% per square meter by 2030 from a 2022 base year.
Insufficient data54%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
2029 targetSee details
Active
Carbon Disclosure Project
2026 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
Inherited from Commerzbank AGSee details
Not active
RE 100
Inherited from Commerzbank AGSee details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Mbank9 days ago
68
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Frequently asked questions
Common questions about Mbank’s sustainability data and climate commitments
In 2024, mBank, a financial intermediation services provider, reported total carbon emissions of approximately 16.79 billion kg CO2e. This figure represents the company's overall carbon footprint for the year, encompassing emissions from its direct operations, purchased energy, and value chain activities. This total is a key indicator of mBank's environmental impact and is crucial for understanding its sustainability performance within the financial sector.
Data year: 2024
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more