The Royal Bank of Scotland plc Sustainability Profile
The Royal Bank of Scotland plc, commonly known as RBS, is a prominent financial institution headquartered in Great Britain. Established in 1727, RBS has evolved into a key player in the banking industry, primarily serving the UK and international markets. The bank offers a diverse range of services, including personal and business banking, wealth management, and corporate finance, distinguished by its commitment to customer service and innovative financial solutions. As part of the NatWest Group, RBS has achieved significant milestones, including its role in the UK banking landscape and its recovery following the financial crisis of 2008. With a strong market position, RBS continues to focus on sustainable banking practices and digital transformation, ensuring it meets the evolving needs of its customers while maintaining a competitive edge in the financial sector.
DitchCarbon Score
How does The Royal Bank of Scotland plc'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 Royal Bank of Scotland plc's score of 78 is higher than 89% 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 Royal Bank of Scotland plc, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of NatWest Group plc, any emissions data or climate commitments would be cascaded from this parent organization. NatWest Group plc has set ambitious climate commitments, including science-based targets for emissions reductions. However, specific reduction targets or achievements for The Royal Bank of Scotland plc are not detailed in the available information. The bank is part of broader initiatives such as the Science Based Targets initiative (SBTi), CDP, and RE100, all of which are managed at the NatWest Group level. As of now, The Royal Bank of Scotland plc's climate strategy aligns with the overarching goals of its parent company, focusing on sustainability and reducing carbon footprints across its operations. Further details on specific emissions figures or reduction targets may be obtained from NatWest Group plc's disclosures.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 30,695,000 | 00,000,000 | 00 | 00,000,000 | 00,000,000 | 00 | 00 | 00 |
| Scope 2 | 69,391,000 | 00,000,000 | 000 | 00,000,000 | 0,000,000 | 00 | 000,000 | 000,000 |
| Scope 3 | 67,174,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is The Royal Bank of Scotland plc's Industry?
How Carbon Intensive is The Royal Bank of Scotland plc's Location?
The Royal Bank of Scotland plc's Scope 3 Categories Breakdown
The Royal Bank of Scotland plc's Scope 3 emissions, which increased by 0% last year and decreased by approximately 1% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 45% of Scope 3 emissions.
Top Scope 3 Categories
The Royal Bank of Scotland plc's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
The Royal Bank of Scotland plc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
