Shawbrook Bank Limited, commonly known as Shawbrook, is a prominent UK-based financial institution headquartered in Great Britain. Established in 2011, Shawbrook has rapidly evolved within the banking sector, focusing on specialist lending and savings solutions. The bank operates primarily across England, Scotland, and Wales, catering to both individual and business clients. Shawbrook's core offerings include property finance, asset finance, and personal loans, distinguished by their tailored approach and commitment to customer service. The bank has achieved significant milestones, including recognition for its innovative lending practices and strong market position within the alternative finance sector. With a focus on delivering flexible financial solutions, Shawbrook continues to make a notable impact in the UK banking landscape.
How does Shawbrook'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.
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.
Shawbrook's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Shawbrook's total carbon emissions amounted to approximately 9,789,000 kg CO2e. This figure includes 2,000 kg CO2e from Scope 1 emissions, 5,000 kg CO2e from Scope 2 (market-based), and a significant 9,637,000 kg CO2e from Scope 3 emissions, which primarily stem from purchased goods and services (about 8,843,000 kg CO2e). The total emissions for 2023 were about 11,866,000 kg CO2e, indicating a reduction of approximately 2,077,000 kg CO2e year-on-year. Shawbrook's Scope 1 and 2 emissions combined totalled 152,000 kg CO2e in 2024, down from 171,000 kg CO2e in 2023. The company has disclosed emissions data across all three scopes, demonstrating transparency in its climate impact reporting. Despite the significant emissions figures, Shawbrook has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Shawbrook Group plc, reflecting the broader corporate family's environmental impact. Overall, Shawbrook's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the majority of its carbon footprint, while the company continues to report its emissions transparently.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 61,500 | 00,000 | - | - | 0,000 | 0,000 | 0,000 |
| Scope 2 | 521,600 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 0,000 |
| Scope 3 | - | - | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Shawbrook's Scope 3 emissions, which decreased by 18% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 92% of Scope 3 emissions.
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.
Shawbrook 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.
