Mandiri
Mandiri, officially known as PT Bank Mandiri (Persero) Tbk, is a leading financial institution headquartered in Jakarta, Indonesia. Established in 1998, Mandiri has grown to become one of the largest banks in the country, with a strong presence across major operational regions including Java, Sumatra, and Bali. Operating within the banking industry, Mandiri offers a comprehensive range of services, including retail banking, corporate banking, and treasury services. Its unique approach to customer service and innovative digital banking solutions have set it apart in a competitive market. Notable achievements include being recognised as one of the top banks in Indonesia, reflecting its robust market position and commitment to excellence. With a focus on sustainable growth, Mandiri continues to play a pivotal role in Indonesia's economic development.
DitchCarbon Score
How does Mandiri'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
Mandiri's score of 29 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mandiri's reported carbon emissions
In 2023, Mandiri reported total carbon emissions of approximately 18,700,000,000 kg CO2e, with significant contributions from Scope 1 and Scope 2 emissions, which totalled about 43,077,000 kg CO2e and 252,636,000 kg CO2e, respectively. The combined emissions from Scope 1 and Scope 2 amounted to approximately 295,713,000 kg CO2e. Notably, Scope 3 emissions, which encompass the majority of their carbon footprint, remained constant at about 18,700,000,000 kg CO2e over the past few years. Comparatively, in 2022, Mandiri's emissions were slightly lower, with Scope 1 at approximately 42,698,000 kg CO2e and Scope 2 at about 260,082,000 kg CO2e, leading to a total of around 303,787,000 kg CO2e for Scope 1 and 2 combined. The emissions from Scope 3 also remained unchanged at about 18,700,000,000 kg CO2e. Mandiri has not disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. The bank's emissions intensity for Scope 1 and 2 has shown a slight decrease from 9.18 in 2019 to 7.59 in 2023, reflecting some progress in operational efficiency. However, without formal reduction targets or pledges, the path forward for significant emissions reductions remains unclear.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 75,640,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 283,113,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 18,070,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Mandiri is not participating in any 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.
