Public Profile

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.

40

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.

26

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.

92%

Mbank's reported carbon emissions

In 2023, mBank reported total carbon emissions of approximately 5,000,000 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 reflects the bank's ongoing commitment to reducing its carbon footprint as part of its climate strategy. mBank has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway by 2029. These targets cover 24% of its total investment and lending portfolio, with required activities constituting 8% and optional activities 37% of its total assets as of 2022. The bank's emissions per employee for Scope 1 and 2 were reported at about 2,500 kg CO2e in 2023, indicating a focus on improving operational efficiency. The bank's emissions data from previous years shows a trend of increasing total emissions, with 2022 emissions at approximately 19,189,060 kg CO2e, and 2021 emissions at about 24,220,530 kg CO2e. mBank continues to engage in initiatives aimed at reducing its environmental impact, although specific reduction achievements were not detailed in the available data. Overall, mBank's climate commitments reflect a proactive approach to sustainability within the financial sector, focusing on measurable targets and transparency in emissions reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Mbank is headquartered in PL, which has a rank of very high, indicating very high grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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