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 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mbank's reported carbon emissions
In 2023, mBank reported total carbon emissions of approximately 2,620,000 kg CO2e from Scope 1, 2,400,000 kg CO2e from Scope 2, and 2,429,000 kg CO2e from Scope 3, resulting in a total of about 7,449,000 kg CO2e. This marks a significant commitment to reducing their carbon footprint, aligning with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. mBank has set near-term targets that cover 24% of its total investment and lending portfolio, with required activities accounting for 8% and optional activities for 37% of its total assets as of 2022. The bank's emissions per employee for Scope 1 and 2 were approximately 2,500 kg CO2e in 2023, reflecting ongoing efforts to enhance operational efficiency and sustainability. In previous years, mBank's emissions were reported as follows: in 2022, total emissions were about 19,189,060 kg CO2e; in 2021, they were approximately 24,220,530 kg CO2e; and in 2020, emissions totalled around 9,371,420 kg CO2e. The bank has demonstrated a commitment to transparency and accountability in its climate initiatives, focusing on reducing emissions across all scopes while actively engaging in sustainable finance practices.
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Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,929,770 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,441,650 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 00,000,000 | 0,000,000 |
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 committed to some reduction initiatives 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.
