Nationwide Building Society

Nationwide Building Society, a UK-based financial intermediation services company, reported total carbon emissions of approximately 196,960,000 kg CO2e in 2025. This includes 1,796,000 kg CO2e from Scope 1 emissions, 18,165,000 kg CO2e from Scope 2 emissions (from purchased electricity), and 177,500,000 kg CO2e from Scope 3 emissions. Scope 3 emissions for 2025 were comprised of 19,500,000 kg CO2e from capital goods, 139,500,000 kg CO2e from purchased goods and services, and 18,000,000 kg CO2e from upstream transportation and distribution.

In 2024, the company's total emissions were approximately 190,775,000 kg CO2e, with 1,792,000 kg CO2e from Scope 1, 19,383,000 kg CO2e from Scope 2 (purchased electricity), and 169,000,000 kg CO2e from Scope 3.

Nationwide Building Society has a commitment to a net-zero future by 2050. The company aims to reduce absolute Scope 1 carbon emissions by 42% by 2030, using a 2021 base year. By the end of 2025, Nationwide expects to remove 100% of gas from its branches, having already removed it from over 80% by the end of 2023. They also aim to continue sourcing 100% renewable electricity for their own operations, in line with their 2030 Scope 2 science-based target.