Nationwide Building Society Sustainability Profile
Nationwide Building Society, often referred to simply as Nationwide, is a prominent financial institution headquartered in Swindon, GB. Established in 1846, it has grown to become one of the largest building societies in the UK, serving millions of members across the country. Operating primarily in the banking and financial services industry, Nationwide offers a range of core products, including savings accounts, mortgages, and insurance services. What sets Nationwide apart is its mutual status, meaning it is owned by its members rather than shareholders, allowing for a customer-focused approach to service and competitive rates. With a strong market position, Nationwide has consistently been recognised for its commitment to customer satisfaction and innovation in financial services, making it a trusted choice for individuals seeking reliable banking solutions.
DitchCarbon Score
How does Nationwide Building Society'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
Nationwide Building Society's score of 87 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nationwide Building Society's reported carbon emissions
In 2025, Nationwide Building Society reported total carbon emissions of approximately 38,000,000 kg CO2e, comprising 1,796,000 kg CO2e from Scope 1, 18,165,000 kg CO2e from Scope 2, and 139,500,000 kg CO2e from Scope 3 emissions. The previous year, 2024, emissions were slightly lower at about 37,000,000 kg CO2e, with Scope 1 emissions at 1,792,000 kg CO2e and Scope 2 emissions at 19,383,000 kg CO2e. In 2023, the total emissions were around 38,000,000 kg CO2e, with Scope 1 emissions at 2,361,000 kg CO2e and Scope 2 at 12,774,000 kg CO2e. Nationwide has set ambitious climate commitments, including a target to achieve a 42% reduction in absolute Scope 1 emissions by 2030, aiming for a target of 3,290,000 kg CO2e by that year. Additionally, the organisation is committed to sourcing 100% renewable electricity for its operations by 2030. As part of its net-zero strategy, Nationwide aims to publicly disclose intermediate science-based targets by 2030, aligning with the Net-Zero Banking Alliance (NZBA). The Society has also made significant strides in reducing its reliance on gas, with over 80% of its branch network transitioning to electrical solutions by the end of 2023, and plans to eliminate gas usage entirely by the end of 2025. These initiatives reflect Nationwide's commitment to sustainability and reducing its carbon footprint in line with global climate goals.
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| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 230,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Nationwide Building Society's Industry?
How Carbon Intensive is Nationwide Building Society's Location?
Nationwide Building Society's Scope 3 Categories Breakdown
Nationwide Building Society's Scope 3 emissions, which increased by 4% last year and decreased by approximately 23% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
Top Scope 3 Categories
Nationwide Building Society'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.
Nationwide Building Society has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
