Public Profile

Osb

Osb, officially known as OSB Group, is a prominent financial services provider headquartered in Great Britain. Established in 2011, the company has rapidly evolved, focusing on the specialist lending and savings sectors. With a strong operational presence across the UK, Osb has made significant strides in the mortgage market, particularly in buy-to-let and residential lending. The company offers a range of unique products, including tailored mortgage solutions and competitive savings accounts, designed to meet the diverse needs of its customers. Osb's commitment to innovation and customer service has positioned it as a key player in the financial industry, earning recognition for its robust growth and customer-centric approach. With a focus on sustainable practices, Osb continues to enhance its market position while delivering value to its stakeholders.

DitchCarbon Score

How does Osb'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.

53

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.

26

Industry Benchmark

Osb's score of 53 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

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Osb's reported carbon emissions

In 2023, OSB Group PLC reported total carbon emissions of approximately 2,500,000 kg CO2e, with emissions distributed across various scopes: 171,440 kg CO2e (Scope 1), 1,390 kg CO2e (Scope 2), and about 2,496,850 kg CO2e (Scope 3). The Scope 1 emissions primarily stem from stationary combustion (157,100 kg CO2e) and fugitive emissions (14,340 kg CO2e). For Scope 2, all emissions were attributed to purchased electricity. The significant contribution to total emissions came from Scope 3, particularly from employee commuting (2,021,060 kg CO2e) and investments (317,479,240 kg CO2e). OSB Group has set ambitious climate commitments, aiming for net zero emissions for both Scope 1 and Scope 2 by 2030, using 2022 as the base year. This commitment reflects a proactive approach to reducing greenhouse gas emissions in line with industry standards. Additionally, the company is a member of the Science Based Targets initiative (SBTi) and has committed to achieving net zero across all scopes by 2050. In summary, OSB Group is actively working towards significant emissions reductions, with clear targets for the near and long term, demonstrating its commitment to sustainability and climate action within the financial sector.

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201820192020202120222023
Scope 1
-
000,000
000,000
000,000
000,000
000,000
Scope 2
951,000
0,000,000
000,000
-
-
0,000
Scope 3
-
-
00,000
000,000
000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Osb'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 Osb 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.

Osb is participating in some 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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