Ecology Building Society
Ecology Building Society, headquartered in the UK, is a pioneering financial institution dedicated to promoting sustainable living through eco-friendly lending practices. Founded in 1981, the society has established itself as a leader in the green finance sector, primarily serving customers across Great Britain. Specialising in providing mortgages for energy-efficient homes and sustainable projects, Ecology Building Society stands out with its commitment to environmental responsibility and community-focused initiatives. The society's unique approach includes offering products that support the construction of low-impact homes and the retrofitting of existing properties to enhance energy efficiency. With a strong market position, Ecology Building Society has garnered recognition for its ethical practices and contributions to the green economy, making it a trusted choice for environmentally conscious borrowers.
DitchCarbon Score
How does Ecology 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 Construction Work 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
Ecology Building Society's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ecology Building Society's reported carbon emissions
In 2024, Ecology Building Society reported total carbon emissions of approximately 1,726,000 kg CO2e. This figure includes 3,700 kg CO2e from Scope 1 emissions, 1,154 kg CO2e from Scope 2 emissions (market-based), and a significant 1,583,500 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 1,486,683 kg CO2e. In comparison, the 2023 emissions were approximately 1,228,000 kg CO2e, with Scope 1 emissions at 4,640 kg CO2e, Scope 2 emissions at 1,832 kg CO2e (market-based), and Scope 3 emissions reaching about 1,991,550 kg CO2e. This indicates a notable increase in total emissions from 2023 to 2024. Ecology Building Society has committed to achieving net-zero emissions in its business operations by 2030, focusing on both Scope 1 and Scope 2 emissions. This commitment is aligned with the Science Based Targets initiative (SBTi) methodology, aiming for reductions based on company size and growth. The near-term targets for achieving net-zero emissions are set for 2023 to 2025. Overall, Ecology Building Society is actively working towards significant climate commitments, with a clear focus on reducing its carbon footprint across all scopes of emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 299,800 | 000,000 | 000,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | - | - | - | - | - | 0,000 | 0,000 |
| Scope 3 | - | - | - | 000,000 | - | 0,000,000 | 0,000,000 |
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.
Ecology Building Society 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.
