The Co-operative Bank Holdings p.l.c.
The Co-operative Bank Holdings p.l.c., commonly known as The Co-operative Bank, is a prominent financial institution headquartered in Great Britain. Established in 1872, the bank has a rich history marked by its commitment to ethical banking and community values. Operating primarily in the UK, The Co-operative Bank focuses on retail banking services, including personal and business accounts, loans, and mortgages. What sets The Co-operative Bank apart is its dedication to responsible banking practices, emphasising transparency and customer care. The bank has achieved notable milestones, including its recognition for ethical policies and sustainable finance initiatives. With a strong market position, The Co-operative Bank continues to serve a diverse clientele, reinforcing its reputation as a trusted provider in the competitive banking sector.
DitchCarbon Score
How does The Co-operative Bank Holdings p.l.c.'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
The Co-operative Bank Holdings p.l.c.'s score of 38 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Co-operative Bank Holdings p.l.c.'s reported carbon emissions
In 2024, The Co-operative Bank Holdings p.l.c. reported a carbon intensity of approximately 99.0 kg CO2e per full-time equivalent (FTE) employee and 0.00063 kg CO2e per £ of revenue. This reflects a decrease from 2023, where the carbon intensity was about 109.0 kg CO2e per FTE and 0.0007 kg CO2e per £ of revenue. The bank's emissions data does not specify Scope 1, 2, or 3 emissions, indicating a lack of detailed reporting in these areas. The Co-operative Bank has set ambitious climate commitments, aiming to reduce emissions associated with suppliers, business travel, commuting, and waste by 50% by the end of 2030. This target is classified as an absolute reduction initiative and focuses on Scope 2 emissions. Additionally, the bank has committed to aligning its Scope 1 and 2 direct emissions to Net Zero by 2030. It is important to note that emissions data and climate initiatives are cascaded from its parent organization, Coventry Building Society, which influences the bank's sustainability strategies. The Co-operative Bank's ongoing efforts reflect a commitment to improving its environmental impact while adhering to industry standards for climate action.
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.
The Co-operative Bank Holdings p.l.c. 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.
