Natwest

NatWest, a Commercial Banking firm headquartered in GB, reported approximately 540 million kg CO2e in total emissions for 2025. This includes about 10 million kg CO2e from Scope 1, 40 million kg CO2e from Scope 2 (location-based), and 490 million kg CO2e from Scope 3.

Looking back, in 2024, NatWest's total emissions were approximately 550 million kg CO2e, comprising around 10 million kg CO2e from Scope 1, 50 million kg CO2e from Scope 2 (location-based), and 490 million kg CO2e from Scope 3. For 2023, total emissions were about 580 million kg CO2e, with 10 million kg CO2e from Scope 1, 50 million kg CO2e from Scope 2 (location-based), and 520 million kg CO2e from Scope 3. In 2022, the company reported approximately 220 million kg CO2e in total emissions, with 20 million kg CO2e from Scope 1, 70 million kg CO2e from Scope 2 (location-based), and 130 million kg CO2e from Scope 3. In 2019, NatWest's total emissions were approximately 1.05 billion kg CO2e, which included 20 million kg CO2e from Scope 1, 120 million kg CO2e from Scope 2 (location-based), and 910 million kg CO2e from Scope 3.

NatWest has ambitious climate commitments, aiming for net-zero emissions by 2050 across its operational value chain, covering Scope 1, Scope 2, and all relevant Scope 3 categories. The company is committed to reducing its direct operational Scope 1 and Scope 2 emissions by 70% by 2030, against a 2019 baseline. Additionally, NatWest plans to reduce its Scope 3 operational emissions (categories 1-14) by 50% by 2030, also against a 2019 baseline. The company has set a near-term absolute target to reduce its direct own operations emissions (Scope 1 and Scope 2) by 50% by 2025, against a 2019 baseline. NatWest Group plc has set near-term targets validated by the Science Based Targets initiative (SBTi) as consistent with a 1.5°C pathway for its Scope 1 and 2 emissions, and has a net-zero commitment.