Starling Bank
Starling Bank, a pioneering digital bank headquartered in Great Britain, has transformed the banking landscape since its inception in 2014. With a focus on providing innovative financial services, Starling operates primarily in the UK, offering a range of products including personal and business accounts, loans, and payment solutions. Renowned for its user-friendly mobile app and real-time banking features, Starling Bank stands out in the fintech industry by prioritising customer experience and transparency. The bank has achieved significant milestones, such as becoming the first UK bank to receive a full banking licence from the Prudential Regulation Authority in 2016. With a strong market position, Starling has garnered numerous awards for its services, solidifying its reputation as a leader in the digital banking sector.
DitchCarbon Score
How does Starling Bank'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 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.
Industry Benchmark
Starling Bank's score of 34 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Starling Bank's reported carbon emissions
In 2024, Starling Bank reported total carbon emissions of approximately 237,000 kg CO2e, with Scope 1 emissions at about 32,000 kg CO2e, Scope 2 emissions at around 173,000 kg CO2e, and Scope 3 emissions at approximately 32,000 kg CO2e. This represents a significant reduction from 2023, where total emissions were about 180,000 kg CO2e. The bank's emissions have shown a downward trend, decreasing from approximately 284,980 kg CO2e in 2021 to 124,000 kg CO2e in 2022, and then to 180,000 kg CO2e in 2023. This indicates a commitment to reducing their carbon footprint, although specific reduction targets have not been established or are currently not active. Starling Bank has previously engaged in climate commitments, but recent updates indicate that their near-term targets have been removed, and they are currently not committed to a net-zero target. The bank is classified under the financial institution sector and operates within the UK, focusing on sustainable practices in its operations. Overall, while Starling Bank has made strides in reducing its emissions, the absence of active reduction targets highlights an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 14,980 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 258,740 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 7,529,000 | - | 00,000 | 00,000 |
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.
Starling Bank is committed to some reduction initiatives 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.
