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 71 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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Close Brothers's reported carbon emissions
In 2024, Close Brothers reported total carbon emissions of approximately 20,540,000 kg CO2e for Scope 1, 525,000 kg CO2e for Scope 2, and a significant 40,252,000 kg CO2e for Scope 3 emissions. The Scope 1 emissions included 1,713,000 kg CO2e from mobile combustion. For the UK specifically, emissions were about 2,030,000 kg CO2e for Scope 1 and 496,000 kg CO2e for Scope 2. Close Brothers has set ambitious climate commitments, aiming for a net zero company car fleet by 2025 and operational net zero for Scope 1 and 2 emissions by 2030. As of 2023, they achieved a reduction of approximately 54.7% in Scope 1 and 2 emissions since 2019, demonstrating significant progress towards their targets. Additionally, as a signatory to the Net Zero Banking Alliance (NZBA), they are committed to aligning their lending and investment portfolios with net zero pathways by 2050. The company’s emissions data is sourced directly from Close Brothers Group plc, with no cascaded data from a parent organization.
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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 | 179,000 | 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.
