Mcb
Mcb, officially known as Mcb Group, is a prominent player in the financial services industry, headquartered in MU. Established in 1995, the company has made significant strides in providing innovative banking solutions across various operational regions, including Europe and Asia. Mcb Group is renowned for its comprehensive range of services, including retail banking, corporate banking, and investment solutions, distinguished by a customer-centric approach and cutting-edge technology. With a strong market position, Mcb has achieved notable milestones, such as expanding its digital banking capabilities and enhancing customer experience. As a leader in the financial sector, Mcb Group continues to set benchmarks in service excellence, making it a trusted choice for individuals and businesses seeking reliable financial solutions.
DitchCarbon Score
How does Mcb'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
Mcb's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mcb's reported carbon emissions
In 2023, Mcb reported total carbon emissions of approximately 11,365,000 kg CO2e, with emissions distributed across various scopes: 455,000 kg CO2e from Scope 1, 5,014,000 kg CO2e from Scope 2, and 11,365,000 kg CO2e from Scope 3. This marks a significant reduction from previous years, particularly from a total of about 16,165,000 kg CO2e in 2022. Over the years, Mcb has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved a total of approximately 16,165,000 kg CO2e, down from about 15,011,000 kg CO2e in 2021. The trend shows a consistent decrease in emissions, particularly in Scope 1 and Scope 2, which are critical for direct and indirect emissions from energy use. Despite these reductions, Mcb has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the company is making progress in emissions reduction, it may benefit from establishing clearer commitments to enhance its climate strategy. Overall, Mcb's emissions data reflects a positive trajectory towards sustainability, with a focus on reducing its carbon impact in alignment with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 434,960 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 15,876,040 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 7,233,520 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 00,000 | 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.
Mcb is not committed to any 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.
