Scottish National Investment Bank

The Scottish National Investment Bank, a financial intermediation services provider based in GB, reported total emissions of approximately 58,660 kg CO2e in 2023. This included Scope 1 emissions from stationary combustion of about 6,490 kg CO2e, Scope 2 emissions (primarily from purchased electricity) of approximately 10,980 kg CO2e, and Scope 3 emissions of around 40,910 kg CO2e. The Scope 3 emissions were largely attributed to employee commute (approximately 31,130 kg CO2e) and business travel (about 9,660 kg CO2e), with waste generated in operations contributing approximately 220 kg CO2e.

In 2022, the bank's total emissions were approximately 26,200 kg CO2e. This comprised Scope 1 emissions from stationary combustion of about 2,670 kg CO2e, Scope 2 emissions (primarily from purchased electricity) of approximately 6,180 kg CO2e, and Scope 3 emissions of around 17,111 kg CO2e. Key Scope 3 contributors were business travel (approximately 9,661 kg CO2e) and employee commute (about 7,500 kg CO2e), alongside waste generated in operations (approximately 50 kg CO2e). Emissions data for 2024 does not include detailed scope breakdowns but mentions a value of approximately 77,684,000 kg CO2e for "reducing harmful emissions" under a "scope_not_specified" category.

The Scottish National Investment Bank has set a net-zero target for Scope 1 and Scope 2 emissions by 2030. They plan to compensate for unavoidable emissions using offset credits aligned with Scottish Government guidance, such as the Woodland Carbon Code or Peatland Code.