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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.
69
DitchCarbon score
+32 vs industry average
Metro Bank’s score of 69 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Metro Bank's reported carbon emissions
In 2024, Metro Bank reported total carbon emissions of approximately 72.8 million kg CO2e. This figure includes Scope 1 emissions of about 122,000 kg CO2e, Scope 2 emissions of approximately 32,000 kg CO2e, and Scope 3 emissions amounting to around 72.7 million kg CO2e. The bank's emissions data is cascaded from its parent company, Metro Bank Holdings PLC.
Metro Bank has set ambitious climate commitments, aiming for net zero across all operations by 2030. This includes specific targets to achieve net zero for Scope 1 and Scope 2 emissions by the same year. Additionally, the bank is working towards making its entire value chain net zero by 2050, with a focus on reducing Scope 3 emissions, which currently represent the majority of its carbon footprint.
These initiatives reflect Metro Bank's commitment to sustainability and align with industry standards for climate action, demonstrating a proactive approach to reducing its environmental impact.
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Metro Bank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Metro Bank8 months ago
69
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