Close Brothers
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.
DitchCarbon Score
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.
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
Close Brothers's score of 67 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Close Brothers's reported carbon emissions
In 2024, Close Brothers reported total carbon emissions of approximately 2,030,000 kg CO2e for Scope 1 and about 496,000 kg CO2e for Scope 2 in Great Britain. The combined total for Scope 1 and 2 emissions reached approximately 2,526,000 kg CO2e on a market-based approach. This reflects a significant commitment to reducing their carbon footprint, with a target to achieve operational net zero for Scope 1 and 2 emissions by 2030, aligning with the Paris Agreement goals. Since 2019, Close Brothers has achieved a reduction of approximately 54.7% in their Scope 1 and 2 emissions, demonstrating substantial progress towards their net zero target. The company has also set interim goals, including a 10% reduction in Scope 1 and 2 emissions by 31 July 2021, benchmarked against the 2019 financial year. Close Brothers has not disclosed Scope 3 emissions for their operations in Great Britain, but globally, they reported approximately 40,252,000 kg CO2e in Scope 3 emissions in 2024. This indicates a broader environmental impact that the company is yet to address comprehensively. Overall, Close Brothers is actively working towards reducing its carbon emissions and has established clear targets to enhance its sustainability efforts in the coming years.
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| 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 | 224,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
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.
