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 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Close Brothers's reported carbon emissions
In 2023, Close Brothers reported total carbon emissions of approximately 58,021,000 kg CO2e, with Scope 1 emissions at about 1,869,000 kg CO2e, Scope 2 emissions at approximately 515,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 54,998,000 kg CO2e. This indicates a continued reliance on indirect emissions, particularly from purchased goods and services. In 2022, the company recorded total emissions of about 72,864,000 kg CO2e, with Scope 1 emissions at approximately 1,402,000 kg CO2e and Scope 2 emissions at around 562,000 kg CO2e. The Scope 3 emissions were notably high, reaching about 70,225,000 kg CO2e, highlighting the importance of addressing upstream and downstream activities in their carbon footprint. Close Brothers has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry trend where financial institutions are increasingly scrutinised for their environmental impact and climate strategies. Overall, while Close Brothers has made strides in reporting its emissions, the absence of clear reduction targets suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
Unlock detailed emissions data
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 | 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 committed to any 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.
