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 50 is higher than 96% 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 2023, mBank S.A. reported total carbon emissions of approximately 2,624,000 kg CO2e, comprising 2,620,000 kg CO2e from Scope 1, 2,404,000 kg CO2e from Scope 2, and 2,429,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2022, where total emissions were about 19,189,060 kg CO2e, with Scope 1 emissions at 3,030,000 kg CO2e, Scope 2 at 2,673,000 kg CO2e, and Scope 3 at 11,069,150 kg CO2e. In 2021, mBank's total emissions were approximately 24,220,530 kg CO2e, with Scope 1 emissions of 3,295,420 kg CO2e, Scope 2 emissions of 12,649,970 kg CO2e, and Scope 3 emissions of 8,275,140 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, with near-term targets set to align with a 1.5°C pathway by 2029, covering 24% of its total investment and lending portfolio. mBank has not yet committed to a net-zero target but is actively working towards significant emissions reductions in its operations. The bank's emissions per employee and per PLN 1 million of income have also shown improvements, indicating a focus on efficiency alongside emissions reduction.
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| 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 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.
