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.
Let us know if this data was useful to you
Nationwide Building Society's reported carbon emissions
In 2025, Nationwide Building Society reported total carbon emissions of approximately 1796000 kg CO2e for Scope 1, 18165000 kg CO2e for Scope 2, and 139500000 kg CO2e for Scope 3. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Notably, the Society has set a target to achieve a 42% reduction in absolute Scope 1 emissions by 2030, aiming for a target of about 3290 kg CO2e per year by that time. In 2024, emissions were slightly lower, with Scope 1 at approximately 1792000 kg CO2e and Scope 2 at 19383000 kg CO2e. The Society's Scope 3 emissions included significant contributions from capital goods (about 17500000 kg CO2e) and purchased goods and services (approximately 137500000 kg CO2e). Nationwide has committed to sourcing 100% renewable electricity for its operations by 2030, aligning with its science-based targets. Additionally, they aim to eliminate gas usage from their branches, having already removed it from over 80% of their network by the end of 2023, with a goal of complete removal by the end of 2025. Overall, Nationwide Building Society's climate commitments reflect a robust approach to reducing carbon emissions, with specific targets and initiatives aimed at achieving significant reductions across all scopes by 2030.
Unlock detailed emissions data
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 |
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.
