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 35 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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British Business Bank's reported carbon emissions
In 2024, the British Business Bank reported total carbon emissions of approximately 8,424,300 kg CO2e, with significant contributions from Scope 2 and Scope 3 emissions. Specifically, Scope 2 emissions accounted for about 76,500 kg CO2e, while Scope 3 emissions were notably higher, comprising approximately 7,824,200 kg CO2e from purchased goods and services, 180,800 kg CO2e from business travel, and 300 kg CO2e from waste generated in operations. In 2023, the Bank's total emissions were about 8,532,600 kg CO2e, with Scope 2 emissions at approximately 70,600 kg CO2e and Scope 3 emissions including 8,037,500 kg CO2e from purchased goods and services, 132,600 kg CO2e from business travel, and 236,800 kg CO2e from employee commuting. The British Business Bank has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which the Bank joined in September 2021. The Bank is actively working towards these targets, with a focus on reducing emissions from all operational aspects, including business travel and procurement practices. Overall, the British Business Bank is taking significant steps to address its carbon footprint and contribute to global climate goals, demonstrating a commitment to sustainability within the financial sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 65,700 | 00,000 | 00,000 |
| Scope 3 | 75,100 | 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.
