Principality Building Society

Principality Building Society reported total carbon emissions of approximately 3.35 million kg CO2e in 2024. This included approximately 239,400 kg CO2e from Scope 1, 1,100 kg CO2e from Scope 2, and 3.11 million kg CO2e from Scope 3. Their Scope 3 emissions were primarily driven by purchased goods and services (approximately 1.88 million kg CO2e), employee commute (approximately 585,600 kg CO2e), and capital goods (approximately 418,400 kg CO2e).

In 2023, Principality Building Society's total emissions were approximately 2.96 million kg CO2e, with Scope 1 at approximately 257,400 kg CO2e, Scope 2 at approximately 1,400 kg CO2e, and Scope 3 at approximately 2.70 million kg CO2e. In 2022, their total emissions included approximately 297,180 kg CO2e from Scope 1, 250 kg CO2e from Scope 2, and 1.01 million kg CO2e from Scope 3.

Principality Building Society is committed to achieving net-zero emissions for Scope 1 and Scope 2 by 2030, with a baseline year of 2023. Additionally, they aim to reduce Scope 1 and 2 CO2e emissions by 55% by 2030, compared to a 2019 baseline.