Nationwide Building Society
Nationwide Building Society, often referred to simply as Nationwide, is a prominent financial institution headquartered in Swindon, England. Established in 1846, it has grown to become the largest building society in the UK, serving millions of members across the country. The society operates primarily in the banking and financial services industry, offering a range of products including savings accounts, mortgages, and insurance services. Nationwide is distinguished by its mutual status, meaning it is owned by its members rather than shareholders, which allows it to focus on customer satisfaction and competitive rates. With a strong market position, Nationwide has consistently been recognised for its commitment to ethical banking and community support, making it a trusted choice for individuals seeking reliable financial 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 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nationwide Building Society's reported carbon emissions
In 2023, Nationwide Building Society reported carbon emissions of approximately 15.1 million tonnes CO2e, comprising 1.8 million tonnes from Scope 1 (stationary combustion), 14 million tonnes from Scope 2 (purchased electricity), and significant contributions from Scope 3 emissions, including 2.8 billion tonnes from investments and 129.5 million tonnes from purchased goods and services. Over recent years, Nationwide has made strides in reducing its carbon footprint. From 2020 to 2023, the Society decreased its Scope 1 and 2 emissions from about 25.7 million tonnes CO2e to 15.1 million tonnes CO2e, reflecting a commitment to sustainability. The Society is part of the "Business Ambition for 1.5°C" initiative, aligning its climate strategies with global efforts to limit temperature rise. Nationwide's emissions data indicates a proactive approach to climate commitments, with a focus on transparency and accountability in its environmental impact. The Society continues to engage in various initiatives aimed at further reducing its carbon emissions and enhancing its sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2011 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,890,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 50,802,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - |
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.
Nationwide Building Society is committed to some reduction initiatives 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.
