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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.
30
DitchCarbon score
-7 vs industry average
UK Finance’s score of 30 is lower than 44% 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
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
UK Finance's reported carbon emissions
UK Finance, a financial intermediation services organisation based in GB, reported total emissions of 3,693,500 kg CO2e in 2023. This figure includes significant Scope 3 emissions, notably 3,194,500 kg CO2e from purchased goods and services, 126,400 kg CO2e from employee commute, and 41,700 kg CO2e from capital goods. Their combined Scope 1 and 2 emissions (market-based) were 36,400 kg CO2e in the same year.
For comparison, in 2022, UK Finance's total emissions were 3,335,500 kg CO2e. Their Scope 3 emissions in 2022 included 2,767,000 kg CO2e from purchased goods and services, 175,600 kg CO2e from employee commute, and 151,000 kg CO2e from capital goods. Their combined Scope 1 and 2 emissions (market-based) were 45,200 kg CO2e for 2022.
UK Finance has not disclosed any specific emissions reduction targets or commitments, such as Science Based Targets Initiative (SBTi) targets or a climate pledge.
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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
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
UK Finance3 months ago
30
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