The UK Infrastructure Bank (UKIB), headquartered in Great Britain, is a pivotal institution in the UK’s infrastructure sector, established to support the nation’s transition to a sustainable economy. Founded in 2021, UKIB focuses on financing projects that enhance economic growth, particularly in regions across England, Scotland, Wales, and Northern Ireland. Specialising in green infrastructure, transport, and digital connectivity, UKIB offers a range of financial products, including loans and equity investments, designed to stimulate private sector investment. Its unique approach combines public and private funding to address critical infrastructure gaps, positioning it as a leader in the UK’s drive towards net-zero emissions. With a commitment to delivering impactful projects, UKIB has quickly established itself as a key player in the UK’s infrastructure landscape.
How does Uk Infrastructure Bank'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.
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.
Uk Infrastructure Bank's score of 12 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the UK Infrastructure Bank reported total carbon emissions of approximately 216,000 kg CO2e from Scope 1, 33,200 kg CO2e from Scope 2, and 37,000 kg CO2e from Scope 3, primarily attributed to business travel. This marks an increase in emissions compared to 2022, where total emissions were about 127,600 kg CO2e for Scope 1, 13,200 kg CO2e for Scope 2, and 15,000 kg CO2e for Scope 3. Despite the rise in emissions, the UK Infrastructure Bank has not disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate commitments suggests a need for enhanced strategies to address their environmental impact. As a key player in the financial sector, the bank's climate commitments will be crucial in aligning with broader industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 127,600 | 000,000 |
Scope 2 | 13,200 | 00,000 |
Scope 3 | 15,000 | 00,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Uk Infrastructure Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.