Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Book a demo for a pilot project
Marks and Spencer Financial Services Plc, commonly known as M&S Bank or M&S Money, is a prominent financial services provider headquartered in Great Britain. Operating within the financial intermediation sector, the company specializes in a comprehensive range of banking and financial products.
Established in 1985 as St Michael Financial Services, it evolved through significant partnerships, ultimately becoming M&S Bank. Their offerings include current accounts, credit cards, loans, and savings products, uniquely tailored with M&S loyalty benefits and a focus on customer convenience.
M&S Financial Services holds a distinctive position by leveraging the trusted Marks & Spencer brand to deliver accessible and consumer-centric financial solutions across the UK. Their commitment to integrated services and customer value has solidified their presence in the competitive British financial landscape.
+44 vs industry average
Marks and Spencer Financial Services Plc’s score of 81 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation has below-average carbon intensity
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
No reported emissions data is available for Marks and Spencer Financial Services Plc yet.
Marks and Spencer Financial Services Plc, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of HSBC Holdings plc, which influences its climate commitments and reporting.
As part of its climate strategy, Marks and Spencer Financial Services Plc inherits emissions data and reduction initiatives from its parent company, HSBC Holdings plc. This includes participation in various climate initiatives such as the Carbon Disclosure Project (CDP) and RE100, both of which are cascaded from HSBC at a level 2 relationship. However, specific reduction targets or achievements for Marks and Spencer Financial Services Plc are not detailed in the available information.
The absence of direct emissions data and specific reduction targets indicates that the company may still be in the process of establishing its own climate commitments or may rely on the broader initiatives of its parent organization. As the climate landscape evolves, it is essential for Marks and Spencer Financial Services Plc to align its strategies with industry standards and best practices to effectively address carbon emissions and contribute to climate action.
No climate goals have been disclosed for Marks and Spencer Financial Services Plc yet.
No scope 3 category breakdown has been disclosed yet.


PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more