MCB Bank Limited Sustainability Profile
MCB Bank Limited, headquartered in Pakistan, is a prominent player in the banking and financial services industry. Established in 1947, MCB has evolved significantly, marking key milestones such as its listing on the Pakistan Stock Exchange. The bank operates extensively across major regions in Pakistan, offering a comprehensive range of services including retail banking, corporate banking, and Islamic banking. MCB Bank is renowned for its innovative financial products, such as its competitive savings accounts and tailored loan solutions, which cater to diverse customer needs. With a strong market position, MCB has received numerous accolades for its customer service and operational excellence, solidifying its reputation as a trusted financial institution in the region.
DitchCarbon Score
How does MCB Bank Limited'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 Bank Limited's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MCB Bank Limited's reported carbon emissions
In 2022, MCB Bank Limited, headquartered in Pakistan (PK), reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The bank's revenue for the year was approximately USD 549.74 million. Despite the absence of emissions data, MCB Bank Limited has not set any publicly available reduction targets or climate pledges, which suggests a need for enhanced climate commitments in line with industry standards. As of now, MCB Bank Limited does not inherit emissions data from any parent or related organizations, and all information is sourced directly from the bank itself. The absence of specific emissions figures and reduction initiatives highlights an opportunity for MCB Bank Limited to strengthen its climate strategy and transparency in reporting.
How Carbon Intensive is MCB Bank Limited's Industry?
How Carbon Intensive is MCB Bank Limited's Location?
MCB Bank Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MCB Bank Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
