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 37 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
British Business Bank's reported carbon emissions
In 2023, the British Business Bank reported total carbon emissions of approximately 8,532,600 kg CO2e. This figure includes Scope 2 emissions from purchased electricity at about 70,600 kg CO2e and significant Scope 3 emissions, primarily from purchased goods and services, which accounted for approximately 8,037,800 kg CO2e. Business travel and employee commute also contributed to Scope 3 emissions, with about 132,600 kg CO2e and 236,800 kg CO2e, respectively. In 2022, the Bank's total emissions were approximately 197,100 kg CO2e, showing a notable increase from 2021, where emissions were about 155,400 kg CO2e. The emissions breakdown for 2021 included Scope 1 emissions of approximately 36,900 kg CO2e, Scope 2 emissions of about 57,700 kg CO2e, and Scope 3 emissions of around 46,700 kg CO2e from business travel. The British Business Bank has committed to achieving net-zero emissions across all scopes by 2050, with a long-term target set in 2023. This commitment aligns with the Science Based Targets initiative (SBTi), reflecting the Bank's dedication to reducing its carbon footprint and contributing to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 39,200 | 00,000 | 00,000 | - |
| Scope 2 | 114,300 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 183,800 | 00,000 | 00,000 | 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 committed to some reduction initiatives 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.
