our commitments
Declarations we signed.
UN Global Compact principles
We have been a signatory to the Ten Principles of UN Global Compact since 2016 (go to ungc.org.pl). We are committed to supporting and implementing values concerning human rights, labour standards and environmental practices wherever possible for us.
UN Principles for Responsible Banking
In 2021, we became a member of the United Nations Environment Programme Finance Initiative (UNEP FI) and a signatory to its Principles for Responsible Banking. We analyse our social and environmental impact. We set ourselves ambitious targets with regard to such impact and then regularly report our progress in achieving them. Our commitments prove that we pursue the UN’s Sustainable Development Goals and the Paris Climate Agreement.
UN’s rules for supporting financial health and inclusion
In 2022, we signed the Commitment to Financial Health and Inclusion within the framework of the United Nations Environment Programme Finance Initiative (UNEP-FI). The Commitment is an extension of the Principles for Responsible Banking. We have made a commitment to providing broad and equal access to our services for different client groups. We also support the financial health of our clients. We help our clients save, borrow, and manage their budgets responsibly.
pathway to net-zero in line with the SBTi methodology
In 2022, we joined the Science-Based Targets initiative (SBTi). By joining SBTi, we undertook to develop a decarbonisation pathway for the next 5–15 years within two years. SBTi will check whether our decarbonisation pace is appropriate to limiting global warming to 1.5ºC. We also committed to become net-zero in our owned or purchased sources (scope 1 and 2 emissions) to zero by 2030. By 2050, we want to become fully climate neutral (including scope 3 emissions).
decarbonisation of the loan portfolio in line with the PCAF methodology
In 2022, we joined the Partnership for Carbon Accounting Financials (PCAF). Its methodology allows us to accurately calculate the carbon footprint of the financing we provide to our clients. Our loan portfolio is the greatest source of the greenhouse gas emissions generated by our business. Thus, reducing these emissions is of key importance to become net-zero by 2050.
statement of investor rights
In 2019, we signed an agreement with CFA Society Poland to introduce and promote the Statement of Investor Rights. It highlights mBank's commitment to the ethical aspects of financing. We are the first institution in Poland that established this type of cooperation.
diversity charter
In 2018, we signed the Diversity Charter, an international initiative for social cohesion and equality launched in Poland by the Responsible Business Forum. We implement the Diversity and Inclusion Policy under the supervision of the Management Board’s Representative for Diversity and Inclusion. We create an organisational culture that respects diversity, we prevent discrimination and mobbing. We implement solutions to ensure equal opportunities for various groups of mBank employees.
Responsible Business Forum
In 2024, we joined the Partnership Programme of the Responsible Business Forum, the oldest and largest NGO in Poland, operating since 2000. It takes a comprehensive approach to sustainability. Within the partnership, we engage with experts, jointly improve our competences in the ESG area and spare no effort to support business transition.