Bank Of Scotland
Bank of Scotland, a prominent financial institution headquartered in Edinburgh, GB, has been serving customers since its establishment in 1695. As one of the oldest banks in the UK, it has played a significant role in the evolution of the banking industry, particularly in Scotland and across the UK. Operating primarily in retail and commercial banking, Bank of Scotland offers a diverse range of products and services, including personal and business accounts, mortgages, and loans. Its commitment to customer service and innovative banking solutions sets it apart in a competitive market. With a strong market position, Bank of Scotland has achieved notable milestones, including its integration into the Lloyds Banking Group in 2009, enhancing its operational capabilities. The bank continues to be a trusted choice for individuals and businesses seeking reliable financial services.
DitchCarbon Score
How does Bank Of Scotland'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.
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.
Industry Benchmark
Bank Of Scotland's score of 7 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Of Scotland's reported carbon emissions
As of the latest available data from 2017, Bank of Scotland reported significant carbon emissions across various scopes. The total emissions for that year were approximately 27172000 kg CO2e for Scope 1, 76197000 kg CO2e for Scope 2 (market-based), and 68452000 kg CO2e for Scope 3 related to business travel. Comparatively, in 2016, the bank's emissions were about 29131000 kg CO2e for Scope 1, 159629000 kg CO2e for Scope 2 (market-based), and 89036000 kg CO2e for Scope 3. This indicates a reduction in Scope 1 emissions and a notable decrease in Scope 2 emissions from 2016 to 2017. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Bank of Scotland. The bank's commitment to addressing climate change remains vague, with no documented initiatives or targets outlined in the available data.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2014 | 2016 | 2017 | |
|---|---|---|---|
| Scope 1 | 36,857,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 391,105,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 105,352,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Bank Of Scotland is not committed to any reduction initiatives 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.
