The Bank of England, often referred to simply as the BoE, is the central bank of the United Kingdom, headquartered in London, GB. Established in 1694, it plays a pivotal role in the financial intermediation services sector, specifically focusing on monetary policy, financial stability, and the issuance of banknotes.
With a rich history marked by significant milestones, the Bank has evolved to become a cornerstone of the UK’s financial system. Its core services include setting interest rates, managing inflation, and overseeing the stability of the financial system, which distinguishes it from other financial institutions.
Recognised for its authoritative position, the Bank of England is instrumental in maintaining economic stability and fostering confidence in the UK economy, making it a key player in global finance.
+19 vs industry average
Bank Of England’s score of 54 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bank Of England's reported carbon emissions
The Bank of England, based in GB and operating in financial intermediation services (excluding insurance and pension funding), reported a total of approximately 61.2 million kg CO2e in 2025. This figure encompasses Scope 1 and Scope 3 emissions. Scope 1 emissions for 2025 were approximately 2.3 million kg CO2e. Scope 3 emissions were primarily driven by purchased goods and services, amounting to about 44.7 million kg CO2e, followed by capital goods at approximately 6.2 million kg CO2e. In 2024, the Bank of England's total emissions were approximately 78.9 million kg CO2e. Scope 1 emissions were around 2.4 million kg CO2e, with Scope 3 emissions dominated by purchased goods and services (approximately 56.9 million kg CO2e) and capital goods (about 10.7 million kg CO2e). For 2023, total emissions were approximately 99.3 million kg CO2e. Scope 1 emissions included stationary combustion at about 2.2 million kg CO2e and fugitive emissions at around 90,000 kg CO2e. Scope 3 emissions in 2023 were largely attributed to purchased goods and services (approximately 67 million kg CO2e) and capital goods (around 15 million kg CO2e). In 2022, total emissions were approximately 9.8 million kg CO2e, with Scope 1 emissions totalling about 3.1 million kg CO2e, and Scope 3 emissions driven by purchased goods and services at approximately 6.6 million kg CO2e. The Bank of England's climate commitments are detailed in their climate-related financial disclosures. The organisation has not provided specific reduction targets or commitments in the provided data. The Bank of England is not currently cascading emissions data from a parent organisation.
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Bank Of England’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bank Of England yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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