Nationwide Building Society
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 across all scopes. This includes 1,796,000 kg CO2e from Scope 1 emissions, primarily from direct operations, and 18,165,000 kg CO2e from Scope 2 emissions related to purchased electricity. The most significant contributor was Scope 3 emissions, which totalled about 139,500,000 kg CO2e, with major sources being purchased goods and services (about 139,500,000 kg CO2e) and capital goods (approximately 19,500,000 kg CO2e). Nationwide has set ambitious climate commitments, including a target to achieve a 42% reduction in absolute Scope 1 emissions by 2030, with a baseline year of 2021. Additionally, they aim to source 100% renewable electricity for their operations by 2030. As part of their commitment to the Net Zero Banking Alliance (NZBA), they plan to disclose intermediate net-zero-aligned science-based targets by 2030. The Society has also made strides in reducing gas usage in its branches, with over 80% of its network transitioning to electrical solutions by the end of 2023, aiming for complete gas removal by the end of 2025. These initiatives reflect Nationwide's commitment to addressing climate change and reducing its carbon footprint in line with global standards.
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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 |
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 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.
