In 2024, MBH Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
MBH Bank has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 12,642.44a | 8,063.57b | 5,739.78b | |
Total Scope 2 | ||||
Market-Based | 8,766.03a | N/A | N/A | |
Location-Based | 5,154.21a | 5,336.31b | 3,555.34b | |
Total Scope 3 | 4,876,181a | N/A | 3,299,264.4b | |
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In 2024, the total operational greenhouse gas (GHG) emissions of MBH Bank amounted to 17,796.65 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of MBH Bank increased by 32.81%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of MBH Bank were 12,642.44 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, MBH Bank's Scope 1 emissions have increased by 120.26%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), MBH Bank's Scope 1 emissions increased by 56.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, MBH Bank reported Scope 2 greenhouse gas (GHG) emissions of 8,766.03 tCO₂e using the market-based method and 5,154.21 tCO₂e using the location-based method.a
Since 2022, MBH Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 44.97%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), MBH Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that MBH Bank's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, MBH Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, MBH Bank reported 4,876,181 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of MBH Bank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, MBH Bank reported total Scope 3 emissions of 4,876,181 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, MBH Bank's Scope 3 emissions have increased by 47.8%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
In 2024, MBH Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to MBH Bank's Scope 3 emissions were:a
In 2024, MBH Bank reported a total carbon footprint of 4,893,977.65 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36,422.55% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to MBH Bank's total carbon footprint was Scope 3 emissions, accounting for 99.64% of the company's total carbon footprint, followed by Scope 1 emissions at 0.26%.a