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Yorkshire Building Society, often referred to as YBS, is a prominent financial institution headquartered in Bradford, GB. Established in 1864, it has grown to become one of the largest building societies in the UK, serving millions of members across England, Scotland, and Wales. The society operates primarily in the financial services industry, focusing on savings accounts, mortgages, and insurance products.
YBS is renowned for its commitment to customer service and competitive interest rates, distinguishing itself in a crowded market. With a strong emphasis on mutuality, it prioritises the needs of its members over profit, fostering a loyal customer base. Over the years, Yorkshire Building Society has achieved significant milestones, including various awards for its innovative products and services, solidifying its position as a trusted name in the financial sector.
42
DitchCarbon score
+5 vs industry average
Yorkshire Building Society’s score of 42 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Yorkshire Building Society's reported carbon emissions
In 2024, Yorkshire Building Society (YBS) reported total carbon emissions of approximately 4,085,000 kg CO2e, comprising 721,000 kg CO2e from Scope 1, 1,687,000 kg CO2e from Scope 2, and 4,085,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in emissions compared to 2023, where total emissions were approximately 3,891,000 kg CO2e, with Scope 1 at 751,000 kg CO2e, Scope 2 at 1,695,000 kg CO2e, and Scope 3 at 3,891,000 kg CO2e.
YBS has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The society's emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from YBS.
Overall, YBS is actively monitoring its carbon footprint across all scopes but has yet to establish formal reduction targets or initiatives to mitigate its climate impact.
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Yorkshire Building Society’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Yorkshire Building Society yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Yorkshire Building Society8 months ago
42
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