United Trust Bank
United Trust Bank, often referred to simply as UTB, is a prominent financial institution headquartered in the United States. Established in 1955, the bank has carved a niche in the specialist lending and savings market, primarily serving clients across the UK and Europe. With a focus on bridging finance, development finance, and asset-backed lending, United Trust Bank offers a range of unique financial products tailored to meet the diverse needs of both individual and business customers. The bank's commitment to innovation and customer service has positioned it as a trusted partner in the financial sector. Notable achievements include a strong market presence and recognition for its robust lending solutions, making United Trust Bank a key player in the competitive landscape of specialist banking.
DitchCarbon Score
How does United Trust 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.
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
United Trust Bank's score of 10 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
United Trust Bank's reported carbon emissions
In 2023, United Trust Bank reported total carbon emissions of approximately 271,997,000 kg CO2e. This figure includes 0 kg CO2e from Scope 1 emissions, 219,413,000 kg CO2e from Scope 2 emissions, and 52,584,000 kg CO2e from Scope 3 emissions, primarily attributed to employee commuting. Comparatively, in 2022, the bank's total emissions were about 258,655,000 kg CO2e, with Scope 2 emissions at 218,651,000 kg CO2e and Scope 3 emissions at 40,004,000 kg CO2e. This indicates a slight increase in overall emissions from 2022 to 2023. In terms of employee impact, the emissions per employee decreased from 790 kg CO2e in 2022 to 720 kg CO2e in 2023, reflecting a positive trend in efficiency despite the overall increase in emissions. United Trust Bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The bank's focus on managing its carbon footprint aligns with industry standards for climate accountability, although further transparency regarding reduction strategies would enhance its climate commitment profile.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 233,946,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 31,337,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
United Trust 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.
