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.
How does Yorkshire Building Society'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.
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.
Yorkshire Building Society's score of 15 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Yorkshire Building Society reported a carbon footprint of approximately 0.0842 kg CO2e per GBP of revenue, with total revenue of about USD 996.6 million. For 2022, the carbon footprint was approximately 0.0974 kg CO2e per GBP of revenue, with total revenue of about USD 970.4 million. The emissions data does not specify Scope 1, 2, or 3 emissions, indicating a lack of detailed disclosure in these areas. Currently, Yorkshire Building Society has not set any specific reduction targets or climate pledges, nor does it inherit emissions data from a parent organization. The society's commitment to addressing climate change remains vague, with no significant initiatives or targets disclosed in the available reports. As the organisation continues to navigate its climate commitments, further transparency and specific reduction strategies will be essential for aligning with industry standards and expectations.
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.
Yorkshire Building Society is not participating in any of the initiatives that 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.