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 63 is higher than 99% 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 total carbon emissions of approximately 1,856,400 kg CO2e, comprising 459,400 kg CO2e from Scope 1, 1,406,200 kg CO2e from Scope 2, and 310,008,800 kg CO2e from Scope 3 emissions. This represents a continued commitment to transparency in their carbon footprint, with emissions data disclosed across all three scopes. Comparatively, in 2023, the bank's emissions were about 1,981,000 kg CO2e, with Scope 1 emissions at 672,100 kg CO2e, Scope 2 at 1,516,300 kg CO2e, and Scope 3 at 358,423,600 kg CO2e. The bank has shown a reduction in Scope 1 and Scope 2 emissions from 2023 to 2024, indicating progress in their operational efficiency and energy use. The Co-operative Bank has not set specific reduction targets or climate pledges, which may limit their ability to align with industry standards for climate action. However, their ongoing efforts to monitor and report emissions reflect a commitment to sustainability and accountability. The bank's carbon intensity metrics, such as 99 kg CO2e per full-time equivalent (FTE) and 0.00063 kg CO2e per pound of revenue, further illustrate their operational impact. Overall, The Co-operative Bank Holdings p.l.c. is actively engaging in emissions reporting, demonstrating a focus on reducing their carbon footprint while navigating the complexities of climate commitments in the financial sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 968,900 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,181,300 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 371,213,400 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
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.
