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 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Starling Bank's reported carbon emissions
In 2024, Starling Bank reported total carbon emissions of approximately 237,000 kg CO2e. This figure includes 32,000 kg CO2e from Scope 1 emissions, 173,000 kg CO2e from Scope 2 emissions, and 32,000 kg CO2e from Scope 3 emissions. The bank's emissions have fluctuated over recent years, with a total of about 180,000 kg CO2e in 2023 and 124,000 kg CO2e in 2022, indicating a significant increase in emissions in 2024. Starling Bank has made commitments to address its carbon footprint, although it has not set a net-zero target. The bank is classified as a financial institution and is currently in the process of submitting its near-term reduction targets, with a deadline set for October 2023. While previous commitments have been removed, the bank remains engaged in climate action and is expected to outline its future strategies. The bank's carbon intensity ratio, which measures carbon emissions per full-time employee, was reported at 70.0 kg CO2e in 2023, reflecting its ongoing efforts to monitor and manage its environmental impact. As a member of the banking sector, Starling Bank is part of a broader industry movement towards sustainability, aiming to reduce emissions and enhance climate resilience.
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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 participating in some 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.
