Public Profile

Leeds Building Society

Leeds Building Society, one of the largest building societies in the UK, is headquartered in Leeds, GB. Established in 1863, the society has a rich history of providing financial services, primarily focusing on savings accounts and mortgage products. With a strong presence in the North of England and beyond, Leeds Building Society has consistently prioritised customer service and community engagement. The society offers a range of unique products, including competitive fixed-rate mortgages and innovative savings options, designed to meet the diverse needs of its members. Notable achievements include a commitment to responsible lending and a robust financial position, which has solidified its reputation in the mutual sector. As a trusted financial institution, Leeds Building Society continues to play a significant role in the UK housing market.

DitchCarbon Score

How does Leeds 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.

21

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.

13

Industry Benchmark

Leeds Building Society's score of 21 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Leeds Building Society's reported carbon emissions

In 2023, Leeds Building Society reported total carbon emissions of approximately 272,000 kg CO2e. This figure includes 97,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 583,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The society's Scope 3 emissions, which cover indirect emissions from the value chain, included 175,000 kg CO2e from business travel. Comparatively, in 2022, the total emissions were about 257,000 kg CO2e, indicating a slight increase in 2023. The breakdown for 2022 included 101,000 kg CO2e from Scope 1, 587,000 kg CO2e from Scope 2, and 21,127,000 kg CO2e from Scope 3 emissions. Leeds Building Society has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions, reflecting a commitment to transparency in their environmental impact. The society's emissions per full-time equivalent (FTE) for 2023 were reported at 60 kg CO2e, consistent with their ongoing efforts to manage their carbon footprint.

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Add to project
202120222023
Scope 1
53,000
000,000
00,000
Scope 2
906,000
000,000
000,000
Scope 3
21,723,000
00,000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Leeds Building Society's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Leeds Building Society is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Leeds 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers