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Bank MandiriIndonesia
Active
This profile is actively maintained
Last update: 2023-05-08 23:54:35
Bank Mandiri's head office. Photo: Chongkian via Wikimedia Commons (CC BY SA 3.0)
Active
This profile is actively maintained
Last update: 2023-05-08 23:54:35
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About
| Website | https://bankmandiri.co.id/ |
| Headquarters |
Plaza Mandiri, Jl. Jend. Gatot, Subroto Kav. 36-38
12190 Jakarta
Indonesia
|
| CEO/chair |
Darmawan Junaidi CEO |
| Supervisor | |
| Ownership |
listed on Bursa Efek Indonesia
Bank Mandiri is majority owned by the Indonesian government (52.5%). The bank's complete shareholder structure can be accessed here. |
Bank Mandiri, headquartered in Jakarta, is one of Indonesia's largest commercial banks. The bank was founded in 1998 as the result of a merger of four state-owned banks: Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo. The bank offers services in retail, corporate and commercial banking. It also has major subsidiaries that provide Islamic banking, investment banking, micro-banking and insurance services.
Sustainability
Commitments
Policies
Voluntary standards
Bank Mandiri's most important sustainability commitments can be found at the website sections listed below.
Bank Mandiri has committed itself to the following voluntary standards:
Dodgy Deals
Bank Mandiri is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Bank Mandiri's link to these deals.
Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
Bank Mandiri does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.
This page evaluates Bank Mandiri's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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Banks and Climate
Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Bank Mandiri’ fossil fuel policy below.
Banks and Human Rights
Banks and Human Rights
BankTrack assessed Bank Mandiri in its 2022 Human Rights Benchmark Asia, where it achieved 0.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.
Human Rights Benchmark Asia 2022
BankLast update
Country
Score
Ranking
Details
Bank Mandiri
IDN
0.5
Laggard
0.5
0
Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6 points
6.5 - 9 points
9.5 - 14 points
For more details see this page.
Banks and Nature
Banks and Nature
Bank Mandiri's policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 4.3 out of 10 and ranking it as a front runner. Bank Mandiri achieved a score of 0 out of 10 specifically for its policies related to the beef sector and 5.9 out of 10 for its policies related to the palm oil sector. Between 2016 and 2022, Bank Mandiri provided USD 9,492 million in credit to companies operating in these forest-risk sectors. For more information, see the links below.
Forest & Finance Policy Assessment 2022: Overall scores
BankLast update
Country
Score
Ranking
Details
Bank Mandiri
2022-09-21
IDN
4.3
Front runner
4.3
0
Explanation
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Beef
BankLast update
Country
Score
Ranking
Details
Bank Mandiri
2022-09-21
IDN
0
Laggard
0
0
Explanation
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Palm Oil
BankLast update
Country
Score
Ranking
Details
Bank Mandiri
2022-09-21
IDN
5.9
Front runner
5.9
0
Explanation
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
End Coal Finance
End Coal Finance
Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in the Coal Policy Tracker and Oil and Gas Policy Tool. Find further details on their assessment of Bank Mandiri's coal policy below.
Coal Policy Tool
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