Bank Mandiri has monetized several CSR programs and seen an increase in the value of SROI (Social Return on Investment) in the last 3 years. The purpose of calculating the SROI is to measure the benefits, effectiveness, and impact of the programs that the Company has created. Bank Mandiri's SROI report is carried out by an independent party, Bank Mandiri's SROI report is carried out by an independent party, calculating the social value obtained from the CSR funds we invested in the Rice Milling Unit and Rumah BUMN.

The value of SROI at Rumah BUMN Surabaya grew to 19.6 times in 2021, higher than the value in 2019 which was 12.65 times. Meanwhile, the SROI value at Pamarican Rice Milling Unit, in West Java, grew to reach 2.69 times in 2021, higher than the value in 2019 which was 2.13 times.

The SROI value above represents every one rupiah invested through Bank Mandiri's CSR funds, which is able to provide social value of up to 19.6 rupiah at Rumah BUMN Surabaya and 2.69 rupiah at RMU Pamarican in 2021.

As a form of our commitment, Bank Mandiri is actively managing climate change risk. We carry out CSR “Waste To Energy” in collaboration with Ecoranger who is an alumni of WMM in 2020. Through the optimization of the Maggot Black Soldier Fly (BSF) to decompose organic waste into compost and biogas production of livestock waste as an energy source. Together with the ecoranger team for 3 months (March to July 2022), we have onsetting operational carbon emissions of 88 Tons of CO2e from the processing of 106 tons of waste (measurement is carried out by greenaration).

Some of the activities we carried out during this period included: Biogas optimization training for Maggot, Construction of 5 Biogas Houses, "Beach Clean Up" at Pulau Merah Beach, Cemara Pancer Conservation Beach and Mustika Beach, and carrying out Ecoranger Academy involving students and customers.