Metro Bank Sustainability Profile
Metro Bank, officially known as Metro Bank PLC, is a prominent player in the banking industry, headquartered in the United States. Established in 2010, the bank has rapidly expanded its operations, primarily serving customers in major urban regions across the country. Specialising in retail and commercial banking, Metro Bank distinguishes itself with its customer-centric approach, offering a range of core products and services, including personal and business accounts, loans, and credit facilities. The bank is renowned for its innovative banking experience, featuring extended hours and a focus on community engagement. With a commitment to transparency and accessibility, Metro Bank has achieved significant milestones, positioning itself as a trusted alternative to traditional banks. Its unique offerings and dedication to customer service have garnered a loyal client base, solidifying its reputation 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 32 is higher than 52% 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 31,877,000 kg CO2e, comprising 375,000 kg CO2e from Scope 1 and about 30,852,000 kg CO2e from Scope 2 emissions. This marks a slight decrease in Scope 1 emissions from 2023, where they were approximately 345,000 kg CO2e, while Scope 2 emissions increased from about 31,454,000 kg CO2e in the previous year. The bank's emissions data for 2022 indicates a significant contribution from Scope 3 emissions, which totalled approximately 129,363,000 kg CO2e, alongside Scope 1 and 2 emissions of about 179,000 kg CO2e and 2,855,000 kg CO2e, respectively. This trend continued in 2021, with Scope 3 emissions reaching approximately 155,182,000 kg CO2e. Despite these figures, Metro Bank has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of defined reduction strategies suggests a need for enhanced climate action within the organisation. Overall, while Metro Bank has made strides in tracking its emissions, the lack of ambitious reduction targets highlights an opportunity for improvement in its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 319,000 | 00,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,247,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 248,979,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - |
How Carbon Intensive is Metro Bank's Industry?
How Carbon Intensive is Metro Bank's Location?
Metro Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Metro Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
