UK Finance Sustainability Profile
UK Finance, headquartered in Great Britain, is a leading trade association representing the finance and banking sector. Founded in 2017, it emerged from the merger of several prominent organisations, including the British Bankers' Association and the UK Cards Association. UK Finance plays a pivotal role in advocating for the industry, focusing on key areas such as payments, lending, and financial inclusion. With a commitment to driving innovation and supporting the financial services landscape, UK Finance offers a range of services, including research, policy development, and industry standards. Its unique position allows it to influence regulatory frameworks and promote best practices across the sector. Recognised for its expertise, UK Finance continues to shape the future of finance in the UK, ensuring a robust and competitive market.
DitchCarbon Score
How does UK Finance'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
UK Finance's score of 26 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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UK Finance's reported carbon emissions
UK Finance currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. As such, UK Finance has not set any specific science-based targets or commitments to reduce emissions at this time. In the context of the finance industry, UK Finance is expected to align with broader climate commitments and initiatives, but specific details regarding their emissions or reduction strategies are not provided. Without concrete data or targets, it is unclear how UK Finance plans to address its carbon footprint or contribute to climate action.
How Carbon Intensive is UK Finance's Industry?
How Carbon Intensive is UK Finance's Location?
UK Finance'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.
UK Finance 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.
