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OrganisationsNational Westminster Bank Plc
National Westminster Bank Plc logo

National Westminster Bank Plc

Financial IntermediationUnited Kingdom
Last verified 11 months agonatwest.com

National Westminster Bank Plc, commonly known as NatWest, is a prominent financial institution headquartered in Great Britain. Established in 1968, NatWest has evolved into a key player in the banking industry, primarily serving the UK and parts of Europe. The bank offers a comprehensive range of services, including personal and business banking, mortgages, and investment solutions, distinguished by its commitment to customer service and innovative digital banking solutions.

With a strong market position, NatWest has garnered recognition for its efforts in sustainability and community support, making significant strides in responsible banking practices. The bank's focus on technology-driven services and customer-centric products has solidified its reputation as a trusted financial partner for millions. As it continues to adapt to the changing financial landscape, NatWest remains dedicated to delivering value and fostering financial well-being for its customers.

89
DitchCarbon score

+52 vs industry average

National Westminster Bank Plc’s score of 89 is higher than 94% 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

Reported emissions

No reported emissions data is available for National Westminster Bank Plc yet.

National Westminster Bank Plc's reported carbon emissions

National Westminster Bank Plc, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. However, the bank is committed to achieving net zero emissions by 2050 across all scopes, which includes financing emissions, assets under management, and its operational value chain. This long-term target was established in 2019 and reflects the bank's dedication to addressing climate change.

As a current subsidiary of NatWest Group plc, National Westminster Bank's climate commitments and initiatives are aligned with those of its parent company. The bank's climate strategy is supported by various initiatives, including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from NatWest Group plc.

While specific emissions data is not available, National Westminster Bank's commitment to net zero by 2050 positions it within the broader context of the financial industry's efforts to reduce carbon footprints and promote sustainability.

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National Westminster Bank Plc’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%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from NatWest Group plc
See details
Not active
CDP

Carbon Disclosure Project

Inherited from NatWest Group plc
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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from NatWest Group plc
See details
Not active
RE 100

RE 100

Inherited from NatWest Group plc
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Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations

No peer comparison is available for National Westminster Bank Plc yet.

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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Ditchcarbonv260724.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

167-169 Great Portland Street

London W1W 5PF

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