Cumberland Building Society
Cumberland Building Society, often referred to simply as Cumberland, is a prominent financial institution headquartered in Carlisle, GB. Established in 1850, it has a rich history of serving the local community and has expanded its operations across the North of England and beyond. As a mutual building society, Cumberland focuses on providing a range of financial services, including savings accounts, mortgages, and insurance products, all designed to meet the diverse needs of its members. What sets Cumberland apart is its commitment to personalised service and community engagement, ensuring that members receive tailored financial solutions. With a strong market position, Cumberland has achieved notable milestones, including consistent growth in membership and assets. Its dedication to ethical banking and customer satisfaction continues to solidify its reputation as a trusted provider in the building society sector.
DitchCarbon Score
How does Cumberland Building Society'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 Services Auxiliary to 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
Cumberland Building Society's score of 34 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cumberland Building Society's reported carbon emissions
In 2024, Cumberland Building Society reported total carbon emissions of 170,910 kg CO2e, comprising 85,380 kg CO2e from Scope 1 and 85,540 kg CO2e from Scope 3 emissions. The Scope 1 emissions primarily stemmed from stationary combustion, which accounted for 69,950 kg CO2e. In 2023, the Society's emissions were higher at 246,830 kg CO2e, with Scope 1 emissions at 83,200 kg CO2e and Scope 3 emissions at 72,190 kg CO2e. This indicates a significant reduction in total emissions of approximately 30.6% year-on-year. Cumberland Building Society has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). However, their ongoing efforts to monitor and report emissions reflect a commitment to transparency in their climate impact. Overall, the Society's emissions data highlights a trend towards decreasing carbon output, aligning with broader industry goals for sustainability and climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 150,044,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 268,839,000 | 000,000 | 000,000 | 00,000 | - |
| Scope 3 | - | 00,000 | 00,000 | 00,000 | 00,000 |
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.
Cumberland Building Society 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.
