Public Profile

Ulster Bank

Ulster Bank, a prominent financial institution headquartered in Great Britain, has been serving customers since its establishment in 1836. With a strong presence in Northern Ireland and the Republic of Ireland, the bank operates within the banking and financial services industry, offering a range of products tailored to meet diverse customer needs. The bank's core services include personal and business banking, mortgages, and investment solutions, distinguished by their commitment to customer service and innovative digital banking options. Ulster Bank has achieved significant milestones, including its integration into the Royal Bank of Scotland Group, enhancing its market position and operational capabilities. Recognised for its reliability and customer-centric approach, Ulster Bank continues to play a vital role in the financial landscape, providing essential services that support both individual and business growth.

DitchCarbon Score

How does Ulster 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.

33

Industry Average

Mean score of companies in the Services Auxiliary to 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.

27

Industry Benchmark

Ulster Bank's score of 33 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

Ulster Bank's reported carbon emissions

In 2023, Ulster Bank reported significant carbon emissions, totalling approximately 711,704,000 kg CO2e from Scope 1, 174,041,000 kg CO2e from Scope 2, and 450,546,400 kg CO2e from Scope 3 emissions. This marked a substantial increase in emissions compared to previous years, with 2022 figures showing 16,797,400 kg CO2e for Scope 1, 227,800 kg CO2e for Scope 2, and 17,025,200 kg CO2e for Scope 3. The bank's emissions have fluctuated over the years, with Scope 1 emissions rising from 947,000 kg CO2e in 2018 to 1,111,000 kg CO2e in 2019, before experiencing a dramatic increase in 2022 and 2023. Notably, Scope 2 emissions decreased from 4,150,000 kg CO2e in 2018 to 3,441,000 kg CO2e in 2019, but again saw a rise in 2023. Despite these figures, there are currently no specific reduction targets or climate pledges outlined by Ulster Bank. The absence of documented reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. As the bank continues to assess its carbon footprint, it remains crucial for Ulster Bank to establish clear strategies for reducing its emissions across all scopes to align with global climate goals.

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Add to project
2018201920222023
Scope 1
947,000
0,000,000
00,000,000
00,000,000
Scope 2
4,150,000
0,000,000
000,000
000,000,000
Scope 3
-
-
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ulster Bank's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ulster Bank is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Ulster 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers