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OrganisationsClose Brothers
Close Brothers logo

Close Brothers

Financial IntermediationUnited Kingdom
Last verified 3 months agoclosebrothers.com

Close Brothers Group plc, commonly known as Close Brothers, is a prominent financial services company headquartered in Great Britain. Established in 1878, the firm has built a strong reputation in the banking and investment sectors, with significant operations across the UK and Ireland.

Specialising in lending, asset management, and securities trading, Close Brothers offers a range of unique financial solutions tailored to meet the needs of businesses and individuals. Their commitment to customer service and expertise has positioned them as a trusted partner in the financial industry.

With a history marked by resilience and innovation, Close Brothers has achieved notable milestones, including consistent growth and a strong market presence. Their dedication to providing bespoke financial services continues to set them apart in a competitive landscape.

90
DitchCarbon score

+55 vs industry average

Close Brothers’s score of 90 is higher than 95% 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

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2028

00.0M00.0M00.0M00.0M0

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202020212022202320242025202620272028

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.

Close Brothers's reported carbon emissions

In 2025, Close Brothers reported total carbon emissions of approximately 1.3 billion kg CO2e, comprising Scope 1 emissions of about 1.5 million kg CO2e, Scope 2 emissions of approximately 359,000 kg CO2e, and Scope 3 emissions of about 32.9 million kg CO2e. This reflects a commitment to reducing their carbon footprint, with a notable achievement of a 54.7% reduction in Scope 1 and 2 emissions since 2019, demonstrating significant progress towards their goal of becoming operationally net zero by 2030. Close Brothers has set ambitious climate commitments, including a target to achieve a net zero company car fleet by 2025 and to align their lending and investment portfolios with net zero pathways by 2050. They have also committed to becoming operationally net zero for their Scope 1 and 2 emissions by 2030, with a 20% reduction in these emissions targeted for 2025. These initiatives are part of their broader strategy to support sustainability efforts across their operations and supply chain. The emissions data is sourced directly from Close Brothers Group plc, with no cascaded data from parent organizations.

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Close Brothers’s Climate Goals (2030 & 2050)

10 goals

2030

54.7% reduction in all scopes

We have now achieved a reduction of 54.7% in our Scope 1 and 2 emissions since 2019 under a market-based approach, which demonstrates good p…

Behind target54.7%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 10 climate goals

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Scope 3 top emissions categories

10 of 15 categories disclosed
Investments3388%
Downstream Leased Assets572%
Purchased Goods & Services67%
Capital Goods15%
Employee Commuting11%
Business Travel3%
Upstream Transportation & Distribution2%
Downstream Transportation & Distribution1%
Investments3388%
Downstream Leased Assets572%
Purchased Goods & Services67%
Capital Goods15%
Employee Commuting11%
Business Travel3%
Upstream Transportation & Distribution2%
Downstream Transportation & Distribution1%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Close Brothers logoClose Brothers
GBFinancial Intermediation
3 months ago
90
Icg logoIcg
GBFinancial Intermediation
3 days ago
100
View
Paragon Banking logoParagon Banking
GBFinancial Intermediation
7 hours ago
78
View
Raiffeisen Bank International AG logoRaiffeisen Bank International AG
ATFinancial Intermediation
2 days ago
72
View
Abrdn logoAbrdn
GBServices Auxiliary to Financial Intermediation
17 days ago
70
View
Bank Of Ireland logoBank Of Ireland
IEFinancial Intermediation
19 hours ago
69
View
Metro Bank logoMetro Bank
GBFinancial Intermediation
17 days ago
68
View

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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