This year, MCB has sought to assess its environmental impact beyond its operations by estimating the impact of its lending activities. Sustainability consulting firm Utopies undertook the study below, using its LOCAL FOOTPRINT® NATURE model. The model measures the environmental impacts of the monetary flows of the Bank’s loans throughout the supply chain in Mauritius and a large number of countries worldwide, establishing monetary equivalence on three given environmental impacts, namely carbon, raw materials and water. The study covers loans disbursed by the Bank in calendar year 2018.

Six disbursed loans types have been analysed. They represent Rs 9,907 M equivalent to 21% of MCB Ltd’s lending activity over the period under study. Overdrafts, participations and bonds are not included in the perimeter of the study. These six loan types granted to our clients have released 375,055 tCO2eq. These emissions relate to supply chain activities involved in the production of the goods and services financed by the loans granted by us.