Skipton Building Society Sustainability Profile
Skipton Building Society, headquartered in Skipton, GB, is a prominent player in the UK financial services industry, specialising in savings and mortgage products. Established in 1853, it has grown to become one of the largest building societies in the country, known for its customer-centric approach and mutual status. The society offers a range of core services, including competitive savings accounts, mortgages, and financial advice, distinguished by its commitment to transparency and member benefits. With a strong presence in the Yorkshire region and beyond, Skipton Building Society has achieved notable milestones, including consistent recognition for customer service excellence. Its focus on community and ethical banking further solidifies its market position as a trusted financial partner for individuals and families across the UK.
DitchCarbon Score
How does Skipton Building Society'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 Real Estate Services 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
Skipton Building Society's score of 18 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Skipton Building Society's reported carbon emissions
In 2024, Skipton Building Society reported total carbon emissions of approximately 705,000 kg CO2e for Scope 1 and 2 combined, with an additional 248,870,000 kg CO2e attributed to Scope 3 emissions from investments. The previous year, 2023, saw similar emissions figures, with Scope 1 and 2 emissions at about 648,000 kg CO2e and Scope 3 emissions from investments at approximately 223,327,000 kg CO2e. Skipton Building Society is committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which underscores the Society's dedication to sustainable practices within the financial sector. The Society's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Overall, Skipton Building Society is actively working towards reducing its carbon footprint while maintaining transparency in its emissions reporting, reflecting its commitment to responsible banking and environmental stewardship.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 658,000 | - | - | - | - |
| Scope 2 | 14,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Skipton Building Society's Industry?
How Carbon Intensive is Skipton Building Society's Location?
Skipton Building Society'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.
Skipton Building Society 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.
