- Challenges facing SMEs in accessing financing for sustainable projects.
- High cost of living impacting customers' financial health.
mBank S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, mBank S.A. disclosed greenhouse gas emissions of 32.4K tonnes of CO2e (mBank Group). By scope: Scope 1: 3.0K tonnes of CO2e; Scope 2: 19.1K tonnes of CO2e (market-based); Scope 3: 10.3K tonnes of CO2e (excluding investments). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
32.4K tonnes of CO2e (mBank Group)
2023
Renewable Energy
99% (electricity)
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.0K tonnes of CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 19.1K tonnes of CO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.3K tonnes of CO2e (excluding investments) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 32.4K tonnes of CO2e (mBank Group) |
| 2021 | 24.2K tCO2e/year |
| 2020 | 1.9K t CO2e/year (Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Renewable energy portfolio reached PLN 3.98 billion by December 2023.
- 99% of electricity consumption based on green energy in 2023.
- Issued EUR 750 million in senior non-preferred green bonds—the largest such issuance by a Polish bank and in mBank Group's history.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Provide PLN 10 billion of ‘green’ financing by the end of 2025.
- Increase annual sales of mortgage loans for NZEB properties up to 18% by 2025.
📅 Medium-term
- Achieve zero net emissions in own operations by 2040.
- Offer at least 50% of investment solutions promoting environmental or social aspects by 2025.
🔭 Long-term
- Convert the credit portfolio to achieve net zero emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeSustainable FinanceFinancial HealthDiversity & InclusionCorporate Governance