Close Brothers Group plc, commonly known as Close Brothers, is a prominent financial services company headquartered in Great Britain. Established in 1878, the firm has built a strong reputation in the banking and investment sectors, with significant operations across the UK and Ireland. Specialising in lending, asset management, and securities trading, Close Brothers offers a range of unique financial solutions tailored to meet the needs of businesses and individuals. Their commitment to customer service and expertise has positioned them as a trusted partner in the financial industry. With a history marked by resilience and innovation, Close Brothers has achieved notable milestones, including consistent growth and a strong market presence. Their dedication to providing bespoke financial services continues to set them apart in a competitive landscape.
How does Close Brothers'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.
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.
Close Brothers's score of 63 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Close Brothers reported total carbon emissions of approximately 40,252,000 kg CO2e across all scopes. This includes about 2,054,000 kg CO2e from Scope 1, 525,000 kg CO2e from Scope 2, and a significant 40,252,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions primarily stem from mobile combustion, accounting for about 1,713,000 kg CO2e. Close Brothers has set ambitious climate commitments, including a target to achieve net zero emissions for its company car fleet by 2025 and to become operationally net zero for all Scope 1 and 2 emissions by 2030. As of 2023, the company has successfully reduced its Scope 1 and 2 emissions by approximately 54.7% since 2019, demonstrating significant progress towards its net zero goals. Additionally, as a signatory to the Net Zero Banking Alliance (NZBA), Close Brothers is committed to transitioning its lending and investment portfolios to align with net zero pathways by 2050. This commitment reflects the company's dedication to addressing climate change and reducing its overall carbon footprint. Overall, Close Brothers is actively working towards its climate targets while reporting transparently on its emissions and reduction initiatives.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,307,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,107,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 179,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Close Brothers is not participating in any 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.