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Financial Intermediation
GB
updated 25 days ago

Skipton Group Holdings Limited

Company website

Skipton Group Holdings Limited, headquartered in Great Britain, is a prominent player in the financial services industry, primarily focusing on banking, mortgages, and investment solutions. Founded in 1853, the company has a rich history marked by significant milestones, including its evolution into a leading mutual organisation. With a strong presence across the UK, Skipton Group is renowned for its customer-centric approach, offering a diverse range of products such as savings accounts, home loans, and financial advice. What sets them apart is their commitment to mutuality, ensuring that profits are reinvested for the benefit of their members. As a well-established entity in the financial sector, Skipton Group Holdings has garnered a reputation for reliability and innovation, consistently achieving high customer satisfaction ratings and maintaining a robust market position.

DitchCarbon Score

How does Skipton Group Holdings Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

52

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Skipton Group Holdings Limited's score of 52 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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Skipton Group Holdings Limited's reported carbon emissions

In 2023, Skipton Group Holdings Limited reported total carbon emissions of approximately 57,000,000 kg CO2e. This figure includes 4,395,000 kg CO2e from Scope 1 emissions, 5,737,000 kg CO2e from Scope 2 emissions, and a significant 47,646,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass various categories, including 38,883,000 kg CO2e from purchased goods and services and 4,628,000 kg CO2e from business travel. Comparatively, in 2022, the company recorded total emissions of about 267,903,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions at 10,310,000 kg CO2e. This indicates a substantial reduction in Scope 3 emissions from 2022 to 2023. Skipton Group has set ambitious climate commitments, aiming for net zero emissions across Scope 1, 2, and 3 by 2045. This long-term target reflects their commitment to addressing both operational and financed emissions. The reduction initiatives are documented in their sustainability reports, which outline their strategies for achieving these goals. The emissions data is cascaded from Skipton Building Society, which is part of the same corporate family, ensuring a comprehensive approach to sustainability across the organisation.

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20222023
Scope 1
4,848,000
0,000,000
Scope 2
5,462,000
0,000,000
Scope 3
267,903,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Skipton Group Holdings Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Skipton Group Holdings Limited is in GB, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Skipton Group Holdings Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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