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Public Profile
Financial Intermediation
GB
updated 8 days ago

Close Brothers

Company website

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.

71

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.

27

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.

85%

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Close Brothers's reported carbon emissions

In 2024, Close Brothers reported total carbon emissions of approximately 42,520,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for about 40,252,000 kg CO2e. The breakdown includes Scope 1 emissions of about 2,054,000 kg CO2e and Scope 2 emissions of approximately 525,000 kg CO2e. In the UK, the company reported Scope 1 emissions of about 2,030,000 kg CO2e and Scope 2 emissions of approximately 496,000 kg CO2e. 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 progress towards their long-term goals. 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 emissions data is sourced directly from Close Brothers Group plc, with no cascaded data from a parent organization. The company continues to implement initiatives to reduce its carbon footprint and enhance sustainability across its operations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Close Brothers's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Close Brothers is in GB, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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