Osb Sustainability Profile
Osb, officially known as OSB Group, is a prominent financial services provider headquartered in Great Britain. Established in 2011, the company has rapidly evolved, focusing on the specialist lending and savings sectors. With a strong operational presence across the UK, Osb has made significant strides in the mortgage market, particularly in buy-to-let and residential lending. The company offers a range of unique products, including tailored mortgage solutions and competitive savings accounts, designed to meet the diverse needs of its customers. Osb's commitment to innovation and customer service has positioned it as a key player in the financial industry, earning recognition for its robust growth and customer-centric approach. With a focus on sustainable practices, Osb continues to enhance its market position while delivering value to its stakeholders.
DitchCarbon Score
How does Osb'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
Osb's score of 54 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Osb's reported carbon emissions
In 2023, OSB Group PLC reported total carbon emissions of approximately 2,496,850 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the majority at about 2,496,850 kg CO2e. Scope 1 emissions were reported at approximately 172,830 kg CO2e, while Scope 2 emissions totalled about 396,950 kg CO2e. Notably, the company has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which OSB Group joined in March 2022, indicating a proactive approach to climate action within the financial sector. In comparison, emissions for 2022 were approximately 334,690 kg CO2e for Scope 3, 153,870 kg CO2e for Scope 1, and about 322,130 kg CO2e for Scope 2. The data reflects a growing awareness and response to climate change, with OSB Group actively working towards reducing its carbon footprint and enhancing sustainability practices. Overall, OSB Group's emissions data and climate commitments demonstrate a clear trajectory towards reducing environmental impact, with a focus on comprehensive emissions management across all scopes.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 76,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 951,000 | 0,000,000 | 000,000 | 000,000 | - | - |
| Scope 3 | - | 000,000 | 00,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Osb's Industry?
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Osb's Scope 3 Categories Breakdown
Osb's Scope 3 emissions, which increased by 646% last year and increased significantly since 2019, 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 "Investments" being the largest emissions source at 12592% of Scope 3 emissions.
Top Scope 3 Categories
Osb'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.
Osb 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.
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Frequently Asked Questions
Common questions about Osb's sustainability data and climate commitments