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Financial Intermediation
GB
updated 3 days ago

Sainsbury's Bank plc

Company website

Sainsbury's Bank plc, a prominent financial institution headquartered in Great Britain, has been serving customers since its establishment in 1997. As a subsidiary of the Sainsbury's supermarket chain, it operates primarily in the banking and financial services industry, offering a range of products tailored to meet diverse customer needs. The bank's core services include personal loans, credit cards, savings accounts, and insurance products, all designed with customer convenience in mind. Sainsbury's Bank is distinguished by its integration with the Sainsbury's retail experience, allowing customers to earn Nectar points on financial products. With a strong market position, Sainsbury's Bank has achieved notable milestones, including recognition for its customer service and competitive interest rates. Its commitment to innovation and customer satisfaction continues to solidify its reputation in the UK financial landscape.

DitchCarbon Score

How does Sainsbury's Bank 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.

65

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.

30

Industry Benchmark

Sainsbury's Bank plc's score of 65 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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Sainsbury's Bank plc's reported carbon emissions

Inherited from J Sainsbury plc

Sainsbury's Bank plc, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of J Sainsbury plc, which influences its climate commitments and emissions reporting. While Sainsbury's Bank plc does not report its own emissions figures, it inherits climate initiatives and targets from its parent company, J Sainsbury plc. This includes participation in various sustainability initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the Race to Zero campaign, all of which are cascaded from J Sainsbury plc. As of now, there are no documented reduction targets or specific climate pledges directly attributed to Sainsbury's Bank plc. However, the overarching commitments from J Sainsbury plc indicate a focus on reducing carbon emissions and enhancing sustainability practices across its operations. In summary, while Sainsbury's Bank plc does not provide specific emissions data or reduction targets, it aligns with the broader climate strategies of its parent company, J Sainsbury plc, which is actively engaged in reducing its carbon footprint and promoting sustainability.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
554,936,000
-
-
-
000,000,000
000,000,000
Scope 2
-
-
-
-
000,000,000
000,000,000
Scope 3
25,652,904,000
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sainsbury's Bank plc's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sainsbury's Bank plc is in GB, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Sainsbury's Bank plc is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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