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 62 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 1,856,800 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 notable reduction in emissions compared to previous years, with Scope 1 emissions decreasing from 672,100 kg CO2e in 2023, Scope 2 from 1,516,300 kg CO2e, and Scope 3 from 358,423,600 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, achieving a significant reduction in Scope 1 emissions from 592,300 kg CO2e in 2022 and 968,900 kg CO2e in 2021. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by the bank, indicating a potential area for future commitment. The Co-operative Bank's carbon intensity metrics also reflect improvements, with carbon intensity per employee decreasing to about 99 kg CO2e/FTE in 2024, down from 109 kg CO2e/FTE in 2023. The bank's focus on sustainability is evident, although further transparency regarding long-term climate commitments would enhance its environmental strategy.
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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 committed to any 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.
