The Bank of England, often referred to simply as the BoE, is the central bank of the United Kingdom, headquartered in London, GB. Established in 1694, it plays a pivotal role in the financial intermediation services sector, specifically focusing on monetary policy, financial stability, and the issuance of banknotes.
With a rich history marked by significant milestones, the Bank has evolved to become a cornerstone of the UK’s financial system. Its core services include setting interest rates, managing inflation, and overseeing the stability of the financial system, which distinguishes it from other financial institutions.
Recognised for its authoritative position, the Bank of England is instrumental in maintaining economic stability and fostering confidence in the UK economy, making it a key player in global finance.
+17 vs industry average
Bank Of England’s score of 54 is higher than 69% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bank Of England's reported carbon emissions
The Bank of England (GB), operating within the financial intermediation services sector (excluding insurance and pension funding services), reported approximately 78.9 billion kg CO2e in 2024. This figure encompasses Scope 1 and Scope 3 emissions.
In 2025, the Bank of England's emissions decreased to approximately 61.2 billion kg CO2e, comprising Scope 1 and Scope 3 emissions. For 2023, Scope 1, 2, and 3 emissions totalled approximately 99.3 billion kg CO2e. In 2022, total emissions were approximately 9.8 billion kg CO2e, including Scope 1, 2, and 3.
For 2021, the Bank of England reported total emissions of approximately 20.1 billion kg CO2e, covering Scope 1, 2, and 3. Previous years' data indicates significant variations: 2016 saw emissions of approximately 144.4 billion kg CO2e (Scope 1, 2, and 3), while 2015 reported approximately 20.1 billion kg CO2e (Scope 1, 2, and 3).
Emissions data for 2020, 2019, and 2018 were not available. The Bank of England's climate commitments and reduction initiatives are outlined in their disclosures, but specific reduction targets or achievements were not detailed in the provided information.
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Bank Of England’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bank Of England yet.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Bank Of England
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