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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, operating in financial intermediation services, reported approximately 3,693,500 kg CO2e in total greenhouse gas emissions for 2023. This figure primarily comprises Scope 3 emissions, including 3,194,500 kg CO2e from purchased goods and services, 126,400 kg CO2e from employee commuting, and 41,700 kg CO2e from capital goods. For 2022, their total emissions were about 3,335,500 kg CO2e, with Scope 3 emissions accounting for 2,767,000 kg CO2e from purchased goods and services, 175,600 kg CO2e from employee commuting, and 151,000 kg CO2e from capital goods. UK Finance has not disclosed specific Scope 1 or Scope 2 emissions data. They have not yet established formal carbon reduction targets such as those verified by the Science Based Targets initiative (SBTi) or joined the 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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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
UK Finance4 months ago
30
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