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.
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.
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.
Nationwide Building Society's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, Nationwide Building Society reported total carbon emissions of approximately 1796000 kg CO2e for Scope 1, 18165000 kg CO2e for Scope 2, and 19500000 kg CO2e for Scope 3 emissions. The previous year, 2024, saw similar figures with Scope 1 emissions at about 1792000 kg CO2e, Scope 2 at 19383000 kg CO2e, and Scope 3 emissions totalling approximately 17500000 kg CO2e for capital goods, 137500000 kg CO2e for purchased goods and services, and 14500000 kg CO2e for upstream transportation and distribution. Nationwide has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 emissions by 2030, with a target of 3290 kg CO2e per year by that date. Additionally, they are committed to sourcing 100% renewable electricity for their operations by 2030. As part of their net-zero strategy, they plan to disclose intermediate science-based targets within 18 months, aligning with the Net-Zero Banking Alliance (NZBA). The Society has made significant strides in reducing its carbon footprint, having removed gas from over 80% of its branch network by the end of 2023, with a goal to eliminate it entirely by the end of 2025. These initiatives reflect Nationwide's commitment to sustainability and responsible banking practices, positioning them as a leader in the financial sector's response to climate change.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.
Nationwide Building Society is participating in some 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.