Unity Trust Bank
Unity Trust Bank, headquartered in Great Britain, is a leading financial institution dedicated to providing banking services primarily for the social economy. Founded in 1984, the bank has established itself as a trusted partner for charities, social enterprises, and community organisations across the UK. Specialising in ethical banking, Unity Trust Bank offers a range of products and services, including business accounts, loans, and savings solutions, all designed to support social impact initiatives. Its commitment to responsible finance sets it apart in the industry, making it a preferred choice for organisations focused on positive change. With a strong market position, Unity Trust Bank has achieved notable milestones, including recognition for its contributions to sustainable finance. The bank continues to play a vital role in empowering communities and fostering social development throughout the UK.
DitchCarbon Score
How does Unity 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
Unity Trust Bank's score of 15 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Unity Trust Bank's reported carbon emissions
In 2023, Unity Trust Bank reported total carbon emissions of approximately 78,360 kg CO2e. This figure includes 48,830 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 22,530 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions accounted for about 18,320 kg CO2e from business travel, 33,610 kg CO2e from employee commuting, and 2,380 kg CO2e from fuel and energy-related activities. Comparatively, in 2022, the bank's total emissions were around 65,640 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 included 36,370 kg CO2e from Scope 1, 1,740 kg CO2e from Scope 2, and 68,660 kg CO2e from Scope 3 emissions. Despite these figures, Unity Trust Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions intensity has shown a slight decrease, from 980 kg CO2e per full-time equivalent (FTE) in 2022 to 940 kg CO2e per FTE in 2023, reflecting a focus on improving operational efficiency. Overall, while Unity Trust Bank has made strides in tracking and reporting its carbon emissions, further commitments and reduction strategies would enhance its climate action profile.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 51,400 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 32,600 | 00,000 | 0,000 | 00,000 |
| Scope 3 | 55,900 | 00,000 | 00,000 | 00,000 |
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.
Unity 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.
