Metro Bank
Metro Bank PLC, commonly known as Metro Bank, is a prominent retail bank headquartered in Great Britain. Established in 2010, it has rapidly gained recognition for its innovative approach to banking, focusing on customer service and convenience. With a strong presence in London and the South East, Metro Bank operates within the financial services industry, offering a range of core products including personal and business accounts, loans, and mortgages. What sets Metro Bank apart is its commitment to providing a unique banking experience, characterised by extended opening hours and a customer-centric ethos. The bank has achieved significant milestones, including being the first new high street bank in the UK in over 100 years. With a growing customer base and a reputation for transparency and accessibility, Metro Bank continues to strengthen its position in the competitive banking landscape.
DitchCarbon Score
How does Metro Bank'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
Metro Bank's score of 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metro Bank's reported carbon emissions
In 2024, Metro Bank reported total carbon emissions of approximately 72,824,000 kg CO2e. This figure includes 122,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 32,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 72,667,000 kg CO2e, fall under Scope 3, which includes emissions from the value chain, such as investments and purchased goods and services. Comparatively, in 2023, Metro Bank's total emissions were approximately 111,674,000 kg CO2e, with Scope 1 emissions at 469,000 kg CO2e and Scope 2 emissions at 2,705,000 kg CO2e. The significant drop in total emissions from 2023 to 2024 indicates a positive trend towards reducing their carbon footprint. Metro Bank has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. However, the bank's ongoing efforts to monitor and report emissions across all three scopes demonstrate a commitment to transparency and accountability in their climate impact.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,312,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,668,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
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.
Metro Bank 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.
