S&U plc Sustainability Profile
S&U plc, a prominent player in the UK financial services sector, is headquartered in Great Britain. Founded in 1938, the company has established itself as a leader in the motor finance and property bridging loan markets. With a strong operational presence across the UK, S&U plc offers unique products that cater to both individual and business needs, including car loans and short-term property finance solutions. Renowned for its customer-centric approach, S&U plc has achieved significant milestones, including consistent growth in its loan book and a robust market position. The company’s commitment to innovation and service excellence sets it apart in a competitive landscape, making it a trusted choice for financing solutions.
DitchCarbon Score
How does S&U plc'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
S&U plc's score of 46 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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S&U plc's reported carbon emissions
In 2023, S&U plc reported total carbon emissions of approximately 180,000 kg CO2e, comprising 42,000 kg CO2e from Scope 1, 42,000 kg CO2e from Scope 2, and 114,000 kg CO2e from Scope 3 emissions. Notably, Scope 3 emissions included 30,000 kg CO2e from business travel, 1,000 kg CO2e from purchased goods and services, and 2,000 kg CO2e from waste generated in operations. In 2022, the company recorded total emissions of about 192,000 kg CO2e, with Scope 1 emissions at 72,000 kg CO2e, Scope 2 at 48,000 kg CO2e, and Scope 3 at 123,000 kg CO2e. The absence of emissions data for 2021 indicates a lack of disclosure for that year. S&U plc has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are derived directly from S&U plc's own disclosures. Overall, S&U plc's emissions profile highlights the need for enhanced climate commitments and transparency in their sustainability efforts.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 72,000 | 00,000 |
| Scope 2 | 48,000 | 00,000 |
| Scope 3 | 123,000 | 000,000 |
How Carbon Intensive is S&U plc's Industry?
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S&U plc's Scope 3 Categories Breakdown
S&U plc's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 7% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 26% of Scope 3 emissions.
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S&U plc'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.
S&U plc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
