Bank of England

Sustainability Report and Carbon Intensity Rankings

Is Bank of England doing their part?

Their DitchCarbon score is 61

The Bank of England has a DitchCarbon Score of 61, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon emissions are produced relative to its activities. A higher score would suggest a lower carbon intensity and greater efforts towards reducing environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

The Bank of England operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The Bank of England is situated in the United Kingdom, which has a very low carbon intensity rating, indicating a cleaner energy mix. This favorable environmental context supports the bank’s sustainability efforts by reducing its carbon footprint through regional energy practices.
10.17%

...this company is doing 10.17% better in emissions than the industry average.

The Bank of England, established in 1694, is the central bank of the United Kingdom and is a cornerstone of the global financial sector. Located in London, it serves to maintain monetary and financial stability as its primary mission, supporting the public good as envisioned by its founders. The bank offers a range of services including setting interest rates, issuing banknotes, and overseeing the UK’s financial system.

The Bank of England, established in 1694, is the central bank of the United Kingdom and is a cornerstone of the global financial sector. Located in London, it serves to maintain monetary and financial stability as its primary mission, supporting the public good as envisioned by its founders. The bank offers a range of services including setting interest rates, issuing banknotes, and overseeing the UK's financial system.

The Bank of England has pledged to align its investment and lending activities with the goals of the Science Based Targets initiative (SBTi). This means they are dedicated to reducing their greenhouse gas emissions in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement.

There’s always room for improvement,

DitchCarbon recommends...

Bank of England should undertake a thorough assessment of all direct emissions sources to identify areas for reduction.

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.