Gatehouse Bank plc
Gatehouse Bank plc, headquartered in Great Britain, is a prominent player in the UK banking sector, specialising in Sharia-compliant financial services. Founded in 2007, the bank has established itself as a trusted provider of ethical banking solutions, catering to both individual and institutional clients. With a focus on property finance, savings accounts, and investment products, Gatehouse Bank distinguishes itself through its commitment to ethical investment principles and customer-centric services. The bank has achieved significant milestones, including notable growth in its asset base and a strong reputation for reliability in the market. As a leader in the Islamic finance industry, Gatehouse Bank plc continues to innovate, offering unique financial products that align with Sharia law, making it a preferred choice for customers seeking ethical banking options.
DitchCarbon Score
How does Gatehouse Bank plc'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
Gatehouse Bank plc's score of 35 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gatehouse Bank plc's reported carbon emissions
In 2023, Gatehouse Bank plc reported total carbon emissions of approximately 294,440 kg CO2e, with emissions distributed across Scope 1 (142,380 kg CO2e), Scope 2 (102,270 kg CO2e), and Scope 3 (approximately 49,440 kg CO2e). This marked a significant increase in emissions compared to previous years, particularly from Scope 3 sources. In 2022, the bank's total emissions were about 244,020 kg CO2e, with Scope 1 at 91,450 kg CO2e, Scope 2 at 64,950 kg CO2e, and Scope 3 at 87,620 kg CO2e. The trend indicates a growing carbon footprint, particularly in Scope 3 emissions, which often encompass indirect emissions from investments and supply chains. For 2021, Gatehouse Bank's total emissions were approximately 75,040 kg CO2e, with Scope 2 emissions at 45,720 kg CO2e and Scope 3 at 29,320 kg CO2e. In 2020, the total was about 77,890 kg CO2e, with Scope 2 emissions of 53,610 kg CO2e and Scope 3 emissions of 24,280 kg CO2e. The bank did not report any Scope 1 emissions in these years. Despite the lack of specific reduction targets or initiatives disclosed, Gatehouse Bank is committed to addressing its carbon footprint. The bank's emissions data reflects its ongoing efforts to monitor and report on its environmental impact, aligning with industry standards for transparency in climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000 | 000,000 |
| Scope 2 | 65,400 | 00,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 107,130 | 00,000 | 00,000 | 00,000 | 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.
Gatehouse Bank plc 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.
