Skipton Building Society
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 38 is higher than 92% 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 on a market-based approach and about 1,351,000 kg CO2e on a location-based approach, encompassing Scope 1 and 2 emissions. This marks a slight increase from 2023, where emissions were around 648,000 kg CO2e (market-based) and 1,441,000 kg CO2e (location-based). Notably, in 2022, emissions were significantly lower at about 24,800 kg CO2e (market-based) and 1,178,000 kg CO2e (location-based). Skipton Building Society has set ambitious climate commitments, aiming to halve its Scope 1, 2, and operational Scope 3 carbon emissions by 2030, starting from 2021 levels. Additionally, the Society is committed to achieving Net Zero for all scopes of emissions by 2045. These targets reflect a long-term strategy to address climate change and align with industry standards for sustainability. The Society's commitment to reducing its carbon footprint is further supported by its participation in the Science Based Targets initiative (SBTi), where it has pledged to achieve Net Zero emissions by 2050. This comprehensive approach underscores Skipton Building Society's dedication to environmental responsibility and sustainable practices within the financial sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 658,000 | - | - | - | - |
| Scope 2 | 14,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Skipton Building Society 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.
