Bank Of Scotland

Bank Of Scotland, a UK-based financial intermediation services provider, reported its most recent carbon emissions data for 2017. The bank disclosed Scope 1 emissions of approximately 27,172,000 kg CO2e, Scope 2 market-based emissions of about 76,197,000 kg CO2e, and Scope 3 business travel emissions of around 68,452,000 kg CO2e. This data is inherited from its parent company, Bank of Scotland plc.

For 2016, the bank reported Scope 1 emissions of approximately 29,131,000 kg CO2e, Scope 2 market-based emissions of about 159,629,000 kg CO2e, and Scope 3 business travel emissions of around 89,036,000 kg CO2e. In 2014, Scope 1 emissions were approximately 36,857,000 kg CO2e, Scope 2 market-based emissions were about 391,105,000 kg CO2e, and Scope 3 business travel emissions were around 105,352,000 kg CO2e. Note that Scope 3 emissions for purchased goods and services were not disclosed for any of these years.

Bank Of Scotland does not have its own specific documented reduction targets or SBTi (Science Based Targets initiative) commitments. However, it does cascade its RE100 initiative commitment from its ultimate parent, Lloyds Banking Group plc. Performance data is sourced from Bank of Scotland plc.