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 81 is higher than 90% 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. This reflects a commitment to transparency in their carbon footprint across all scopes, with significant contributions from purchased goods and services. 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, they are committed to sourcing 100% renewable electricity for their operations by 2030, aligning with their science-based targets. The Society is also a signatory to the Net-Zero Banking Alliance (NZBA), pledging to disclose intermediate net-zero-aligned targets by 2030. This commitment underscores their dedication to addressing climate change and reducing their overall environmental impact. Overall, Nationwide Building Society is actively working towards significant emissions reductions and sustainable practices, reflecting a broader industry trend towards accountability and climate action.
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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.
