Green Banking Implementation in Supporting Sustainable Banking Practices at Bank Mandiri 2021–2025 (Jurnal Ilmiah Akuntansi)

Summary

• Bank Mandiri's green financing portfolio grew by approximately 72.6%, from IDR96.3 trillion to IDR166.2 trillion.p.1
• Operational emissions increased by approximately 1.7% in 2025.p.1
• Sustainable financing as a share of total credit was about 24.3% in 2023, 22.3% in 2024 and 21.1% in 2025.p.7
• The green share of sustainable financing rose from about 47.0% to 52.6%.p.7
• Total financed emissions rose from 18.1 million tCO2e in 2023 to 20.3 million tCO2e in 2025, while intensity fell from 31.83 to 23.12 tCO2e per IDR billion.p.9
• In 2025 the bank reported 181 rejected applications, of which 94 (about 52%) failed the IAC requirements.p.8

Key insights

1. The study analyses five annual reports and five sustainability reports using a descriptive qualitative approach.p.1
2. Sustainable financing grew about 54.0%, from IDR205.1 trillion to IDR315.8 trillion over the period.p.7
3. Sustainable financing rose from IDR264.1 trillion to IDR315.8 trillion (about 19.6%) between 2023 and 2025 while its share of total credit fell.p.7
4. The share of the portfolio covered by financed-emissions calculation rose from 44.4% to 60.9%.p.9
5. Lower emissions intensity is not treated as proof that absolute financed emissions have fallen.p.9
6. The findings are limited to documented practices and rely on information disclosed by the bank.p.9