UK Finance, headquartered in Great Britain, is a leading trade association representing the financial intermediation services sector, excluding insurance and pension funding services. Founded in 2017, it emerged from the merger of several prominent financial organisations, positioning itself as a pivotal player in the UK’s financial landscape.
The organisation focuses on a range of business areas, including banking, credit, and payment services, advocating for the interests of its members while promoting innovation and best practices within the industry. UK Finance is recognised for its commitment to enhancing the financial ecosystem, providing valuable insights and data that drive strategic decision-making.
With a strong market presence, UK Finance plays a crucial role in shaping policies and regulations that impact the financial services sector, making it an essential resource for stakeholders across the industry.
-5 vs industry average
UK Finance’s score of 30 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
UK Finance's reported carbon emissions
UK Finance, a financial intermediation services provider based in the UK, reported total emissions of approximately 3.7 billion kg CO2e in 2023. This figure encompasses Scope 3 emissions, which were the primary contributor, amounting to approximately 3.2 billion kg CO2e from purchased goods and services. Additionally, employee commutes contributed about 126.4 million kg CO2e, and capital goods accounted for approximately 41.7 million kg CO2e. In 2022, UK Finance's total emissions were approximately 3.3 billion kg CO2e. Scope 3 emissions for that year included approximately 2.8 billion kg CO2e from purchased goods and services, 175.6 million kg CO2e from employee commutes, and 151 million kg CO2e from capital goods. While specific Scope 1 and Scope 2 emissions data are not detailed, the organisation's reporting for both 2022 and 2023 includes Scope 3 disclosures. UK Finance has not published specific reduction targets or commitments for carbon emissions, nor are there any disclosed SBTi (Science Based Targets initiative) commitments.
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UK Finance’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for UK Finance yet.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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UK Finance
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