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 83% 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 marks a significant increase from 2023, where total emissions were about 180,000 kg CO2e. In 2022, the bank achieved a notable reduction in emissions, reporting approximately 124,000 kg CO2e, down from about 285,000 kg CO2e in 2021. This reduction reflects a commitment to improving operational efficiency and reducing carbon footprints across various scopes. Starling Bank has made commitments to address its climate impact, although some near-term targets have been removed or expired. The bank is currently classified as a financial institution with a commitment to submit updated targets by October 2023. However, it has not yet committed to a net-zero target or specified a long-term reduction goal. Overall, Starling Bank's emissions data highlights its ongoing efforts to manage and reduce its carbon footprint while navigating the complexities of climate commitments within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
