Metro Bank
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 28 is lower than 50% 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 2022, Metro Bank reported total carbon emissions of approximately 40,087,000 kg CO2e, comprising 147,000 kg CO2e from Scope 1 and 39,940,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2021, when total emissions were about 33,546,000 kg CO2e, with Scope 1 emissions at 149,000 kg CO2e and Scope 2 emissions at 33,397,000 kg CO2e. In 2020, the bank's emissions were significantly higher at approximately 27,921,000 kg CO2e, with Scope 1 at 371,000 kg CO2e and Scope 2 at 27,549,000 kg CO2e. Metro Bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its sustainability reporting. Overall, while Metro Bank has made some progress in reducing its carbon footprint, further commitments and transparency regarding its climate strategy could enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 175,500 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 30,970,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
