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, headquartered in GB and operating in Financial intermediation services, except insurance and pension funding services (65), reported approximately 61,215,000 kg CO2e in 2025. This figure includes Scope 1 and Scope 3 emissions, with Scope 3 emissions accounting for the vast majority, driven by purchased goods and services. In 2024, the total emissions were approximately 78,919,000 kg CO2e, comprising Scope 1 and Scope 3 emissions. Again, purchased goods and services were the largest contributor to Scope 3. For the 2023 reporting year, total emissions were around 99,291,000 kg CO2e, encompassing Scope 1, 2, and 3 emissions. Within Scope 1, stationary combustion was the primary source. In 2022, total emissions were approximately 9,816,000 kg CO2e, with Scope 1 and Scope 3 being the disclosed scopes. Scope 3 emissions were largely driven by purchased goods and services. The Bank of England also reported emissions for 2021, totalling approximately 20,127,000 kg CO2e, covering Scope 1, 2, and 3 emissions. Scope 3 emissions were significantly influenced by purchased goods and services and business travel. For 2016, total emissions were approximately 144,377,000 kg CO2e, with Scope 1, 2, and 3 emissions disclosed. Purchased goods and services constituted the largest portion of Scope 3 emissions. Emissions data for 2020, 2019, and 2018 is not available. The Bank of England's climate commitments do not include specific reduction targets or achievements within the provided data. The organisation's data is not cascaded from a parent entity, indicating it is a primary reporter of its own emissions.
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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
6 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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