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Coventry Building Society
Financial IntermediationUnited Kingdom
Last verified 17 days agocoventrybuildingsociety.co.uk
Coventry Building Society, one of the UK's leading mutual financial institutions, is headquartered in Coventry, GB. Established in 1884, it has a long-standing history of providing reliable financial intermediation services, specialising in savings and mortgage products. The society operates primarily across the United Kingdom, serving a broad customer base with a focus on community-oriented banking.
As a prominent player in the financial intermediation sector, Coventry Building Society is recognised for its competitive mortgage offerings and savings accounts, which are designed to meet diverse customer needs. Its commitment to mutuality and customer service has helped it maintain a strong market position, making it a trusted name in the UK financial services industry.
62
DitchCarbon score
+25 vs industry average
Coventry Building Society’s score of 62 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Coventry Building Society's reported carbon emissions
Coventry Building Society, a financial intermediation services provider headquartered in the UK, has demonstrated a commitment to reducing its environmental impact. For the 2025 reporting year, the society reported Scope 1 and 2 emissions totalling approximately 2.1 million kg CO2e. In 2024, this figure was approximately 1.99 million kg CO2e (market-based) and 2.17 million kg CO2e (location-based). The previous year, 2023, saw Scope 1 and 2 emissions of approximately 2.49 million kg CO2e (location-based). Scope 3 emissions were reported in 2020 as approximately 724.6 million kg CO2e, with purchased goods and services representing the largest portion.
Coventry Building Society has set ambitious targets to address climate change. They aim to achieve Net Zero across all scopes by 2040, including Scope 3 mortgage loans. A
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Coventry Building Society’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Coventry Building Society17 days ago
62
Frequently asked questions
Common questions about Coventry Building Society’s sustainability data and climate commitments
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