British Business Bank

British Business Bank, a financial intermediation services provider, reported approximately 8,449,010 kg CO2e in total emissions for 2024. This included 76,500 kg CO2e from Scope 2 (purchased electricity) and 8,313,300 kg CO2e from Scope 3, which covered business travel (180,800 kg CO2e), employee commute (309,600 kg CO2e), purchased goods and services (7,824,200 kg CO2e), and waste generated in operations (700 kg CO2e). For 2023, the total emissions were approximately 8,532,600 kg CO2e, with 70,600 kg CO2e from Scope 2 and 8,407,400 kg CO2e from Scope 3.

The British Business Bank has committed to several climate initiatives, including working towards net-zero financed emissions by 2050, with an initial Portfolio Alignment Strategy to 2027/28. The organisation is also aligned with the UK's commitment to a 68% reduction in emissions levels by 2030, based on 1990 figures. British Business Bank has a "Committed" status for near-term targets and "Yes" for net-zero commitment, as per the Science Based Targets initiative (SBTi).