British Business Bank
British Business Bank, headquartered in the United States, is a pivotal player in the UK’s financial landscape, dedicated to supporting small and medium-sized enterprises (SMEs). Established in 2014, the bank has made significant strides in enhancing access to finance for businesses across the UK, with a focus on regions such as London, the Midlands, and the North. Operating within the financial services industry, British Business Bank offers a range of core products, including debt and equity finance solutions, which are tailored to meet the unique needs of SMEs. Its innovative approach to funding, combined with a commitment to fostering economic growth, positions the bank as a leader in the market. Notable achievements include facilitating billions in funding, thereby reinforcing its role as a catalyst for business development and job creation in the UK.
DitchCarbon Score
How does British Business Bank'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
British Business Bank's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
British Business Bank's reported carbon emissions
In 2024, the British Business Bank reported total carbon emissions of approximately 8,449,010 kg CO2e. This figure includes Scope 2 emissions from purchased electricity, which accounted for about 76,500 kg CO2e, and significant Scope 3 emissions, including business travel (180,800 kg CO2e), employee commuting (309,600 kg CO2e), and purchased goods and services (7,824,200 kg CO2e). The previous year, 2023, saw total emissions of about 8,532,600 kg CO2e, with similar contributions from Scope 2 and Scope 3 emissions. The Bank has set ambitious climate commitments, aiming for a 68% reduction in emissions from 1990 levels by 2030. Additionally, it is developing a Portfolio Alignment Strategy to achieve net-zero financed emissions by 2050, with an initial focus on aligning its investment approach by 2027/28. The British Business Bank is also committed to the Science Based Targets initiative (SBTi), reinforcing its long-term net-zero goals. Overall, the British Business Bank is actively working towards reducing its carbon footprint and aligning its operations with global climate targets, demonstrating a commitment to sustainability in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 65,700 | 00,000 | 00,000 |
| Scope 3 | 75,300 | 0,000,000 | 0,000,000 |
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.
British Business Bank 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.
