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Public Profile
Financial Intermediation
GB
updated 3 months ago

The Royal Bank of Scotland plc Sustainability Profile

Company website

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.

78

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.

32

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.

89%

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The Royal Bank of Scotland plc's reported carbon emissions

Inherited from NatWest Group plc

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
20,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
120,000,000
00,000,000
0,000,000
00,000,000
000,000
000,000
Scope 3
860,000,000
-
-
00,000,000,000
00,000,000,000
000,000,000

How Carbon Intensive is The Royal Bank of Scotland plc's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Royal Bank of Scotland plc's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is The Royal Bank of Scotland plc's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for The Royal Bank of Scotland plc is in GB, which has a very low grid carbon intensity relative to other regions.

The Royal Bank of Scotland plc's Scope 3 Categories Breakdown

The Royal Bank of Scotland plc's Scope 3 emissions, which decreased by 97% last year and decreased by approximately 42% since 2019, 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 "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
64%
Employee Commuting
8%
Capital Goods
6%
Business Travel
6%
Downstream Transportation & Distribution
6%
Fuel and Energy Related Activities
4%
Upstream Transportation & Distribution
2%
Use of Sold Products
2%
Downstream Leased Assets
2%

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 established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare The Royal Bank of Scotland plc's Emissions with Industry Peers

Northern Trust

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Intesa Sanpaolo

IT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

Aldermore Group PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Bnp Paribas

FR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Rathbones

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Metro Bank

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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