Co Operative Bank

The Co-operative Bank, headquartered in GB and operating within financial intermediation services (except insurance and pension funding), reported significant carbon emissions in its latest available data. For the year 2023, the bank's total emissions were approximately 360.9 million kg CO2e. This total is comprised of Scope 1 emissions totalling about 0.7 million kg CO2e, Scope 2 emissions amounting to approximately 1.5 million kg CO2e, and a substantial Scope 3 contribution of about 358.4 million kg CO2e.

In 2022, the total emissions stood at approximately 362.8 million kg CO2e, with Scope 1 emissions at around 0.6 million kg CO2e, Scope 2 at about 1.6 million kg CO2e, and Scope 3 at approximately 360.7 million kg CO2e.

Looking back to 2021, total emissions were reported as approximately 373.1 million kg CO2e, with Scope 1 emissions at about 1.0 million kg CO2e, Scope 2 at approximately 2.2 million kg CO2e, and Scope 3 at roughly 371.2 million kg CO2e.

For 2020, Scope 1 emissions were approximately 1.1 million kg CO2e and Scope 2 emissions were about 2.8 million kg CO2e. In 2019, Scope 1 emissions were approximately 1.2 million kg CO2e and Scope 2 emissions were about 5.8 million kg CO2e. In 2018, the total emissions were approximately 8.7 million kg CO2e, including Scope 1 and Scope 2 emissions.

The Co-operative Bank's emissions data is inherited from its ultimate parent, Coventry Building Society, where its SBTi reduction targets are cascaded from. However, specific reduction targets and achievements are not detailed in the provided information. The bank does disclose missing data points for Scope 3 categories, specifically "purchased goods and services," across its reporting years. The bank's reporting year is listed as 2023 across multiple data entries.