mBank SA 2020 IR
The report details mBank Group's financial and sustainability performance in 2020, a year heavily impacted by the COVID-19 pandemic. Despite these challenges, the Group achieved a record-high income of over PLN 5.8 billion, though net profit was significantly reduced to PLN 103.8 million due to provisions for legal risk related to foreign currency loans. Key sustainability achievements include doubling the credit limit for renewable energy financing to PLN 4 billion and reducing Scope 1 and 2 greenhouse gas emissions by 39%. Additionally, mBank actively supported its clients and employees during the pandemic, enabling remote work for 85% of office staff and facilitating over PLN 6.1 billion in government financial shield subsidies.
Company: mBank SA
Sector: Finance & insurance
Country: Poland
Year: 2020
Type: IR
Pages: 205
mBank SA
The report details mBank Group's financial and sustainability performance in 2020, a year heavily impacted by the COVID-19 pandemic. Despite these challenges, the Group achieved a record-high income of over PLN 5.8 billion, though net profit was significantly reduced to PLN 103.8 million due to provisions for legal risk related to foreign currency loans. Key sustainability achievements include doubling the credit limit for renewable energy financing to PLN 4 billion and reducing Scope 1 and 2 greenhouse gas emissions by 39%. Additionally, mBank actively supported its clients and employees during the pandemic, enabling remote work for 85% of office staff and facilitating over PLN 6.1 billion in government financial shield subsidies.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management
Employees