Unity Trust Bank

Unity Trust Bank, a UK-based financial intermediation services provider, reported total carbon emissions of approximately 1,106,000 kg CO2e in 2023. This includes Scope 1 emissions of 48,830 kg CO2e, Scope 2 emissions (from purchased electricity) of 22,530 kg CO2e, and Scope 3 emissions, which notably included 952,000 kg CO2e from investments, 33,320 kg CO2e from business travel, 40,610 kg CO2e from employee commute, and 2,380 kg CO2e from fuel and energy-related activities.

For context, in 2022, the bank's Scope 1 emissions were 36,400 kg CO2e, and Scope 2 emissions were 21,900 kg CO2e. In 2021, Scope 1 emissions were 41,100 kg CO2e and Scope 2 emissions were 34,400 kg CO2e. In 2020, Unity Trust Bank reported Scope 1 emissions of 51,400 kg CO2e and Scope 2 emissions of 32,600 kg CO2e.

The bank's emissions data is not cascaded from a parent organisation. Unity Trust Bank has not publicly disclosed specific reduction targets or participation in initiatives like SBTi or The Climate Pledge.