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Metro Bank PLC, widely recognised as Metro Bank, is a distinctive UK-based financial institution leading the charge in retail and commercial banking. Headquartered in Great Britain with an expansive network of stores across the country, it was founded in 2010, marking its significance as the first new high street bank to launch in the United Kingdom in over a century.
Specialising in financial intermediation services, Metro Bank offers a comprehensive suite of banking products for individuals and businesses. These include personal and business current accounts, savings solutions, mortgages, and various lending products designed to meet diverse financial needs.
The bank distinguishes itself through a strong focus on customer-centric service, providing extended seven-day opening hours, instant debit card printing, and an innovative approach to everyday banking. Metro Bank aims to deliver unparalleled convenience and a superior customer experience within the competitive UK financial services landscape.
+32 vs industry average
Metro Bank’s score of 69 is higher than 80% 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
Scope 3 accounts for ••• of total emissions.
Metro Bank, a UK-based financial services provider, reported total carbon emissions of approximately 72,824,000 kg CO2e in 2024. This figure includes Scope 1 emissions of 122,000 kg CO2e, Scope 2 market-based emissions of 32,000 kg CO2e, and Scope 3 emissions of 72,670,000 kg CO2e. Key contributors to Scope 3 emissions in 2024 were investments (29,650,000 kg CO2e) and purchased goods and services (36,737,000 kg CO2e).
Looking back, Metro Bank's total emissions have decreased from approximately 111,674,000 kg CO2e in 2023 and 129,542,000 kg CO2e in 2022. The 2023 emissions included Scope 1 at 469,000 kg CO2e, Scope 2 location-based at 2,705,000 kg CO2e, and Scope 3 at 111,205,000 kg CO2e. In 2022, Scope 1 emissions were 179,000 kg CO2e, Scope 2 location-based were 2,855,000 kg CO2e, and Scope 3 were 129,363,000 kg CO2e.
Metro Bank has set several climate commitments. The company aims to achieve net zero across its operations (all scopes) by 2030 and across its entire value chain (Scope 3 emissions) by 2050. More specifically, they target net zero for Scope 1 and Scope 2 emissions by 2030 and for Scope 3 emissions by 2050. These targets are detailed in their annual reports, including the interactive annual report for 2023 and the annual report for 2025.
Emissions performance data for Metro Bank is cascaded from its parent company, Metro Bank Holdings PLC.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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