Nationwide Building Society

Nationwide Building Society's reported carbon emissions

In 2025, Nationwide Building Society reported total carbon emissions of approximately 61,000,000 kg CO2e, comprising Scope 1 emissions of about 1,796,000 kg CO2e, Scope 2 emissions of approximately 18,165,000 kg CO2e, and Scope 3 emissions of around 40,039,000 kg CO2e. The previous year, 2024, saw total emissions of about 60,000,000 kg CO2e, with Scope 1 at approximately 1,792,000 kg CO2e, Scope 2 at about 19,383,000 kg CO2e, and Scope 3 at around 38,500,000 kg CO2e. Nationwide has committed to significant climate action, aiming for a 42% reduction in absolute Scope 1 emissions by 2030, based on 2021 levels. Additionally, they are on track to eliminate gas usage from over 80% of their branch network by the end of 2023, with a goal of 100% by the end of 2025. The Society is also focused on sourcing 100% renewable electricity for its operations, aligning with its 2030 Scope 2 science-based target. As part of its broader climate strategy, Nationwide has pledged to publicly disclose intermediate net-zero-aligned science-based targets by 2030, in line with the Net-Zero Banking Alliance (NZBA). The Society's long-term goal is to achieve net-zero emissions by 2050, consistent with international climate agreements.