We actively manage our environmental impact and always strive to reduce our footprint.

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Environmental protection is an important part of our CSR strategy. Therefore we have reduced our relations with companies which exploit valuable natural areas or are in breach of environmental regulations. This approach is closely aligned with the Ten Principles of the UN Global Compact, which we signed in 2015 (“Companies shall: Principle 7: Businesses should support a precautionary approach to environmental challenges; Principle 8: undertake initiatives to promote greater environmental responsibility; and Principle 9: encourage the development and diffusion of environmentally friendly technologies.”)

In December 2018, we approved a policy of lending to windfarms and photovoltaic projects (mBank S.A. Credit Policy of Financing Renewable Energy Source Installations). We expect to provide approximately PLN 500 million under the auction support system. Priority will be given to projects whose owners and operators have experience with renewable energy sources.

Our support for green technology and climate-friendly business models explores a market niche previously not served by mBank and contributes to global efforts in favour of a sustainable and low-carbon economy.

Selected direct environmental initiatives of mBank in 2018 include:

We have increased the number of installed tap water filters by 40 (in Warsaw and Łódź). As a result, we can reduce orders for bottled water and water dispensers. This way we reduce consumption of plastic and educate our employees.

In 2018, we implemented the MyQ system in most of the bank’s branches. The system identifies business processes which generate redundant print tasks and helps to reduce paper waste, for instance by using duplex printing as the default option and starting print jobs only when they are authorised by the user at the printer (to eliminate printing of requested but uncollected copies).

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