Close Brothers

Sustainability Report and Carbon Intensity Rankings

Is Close Brothers doing their part?

Their DitchCarbon score is 78

Close Brothers has a DitchCarbon Score of 78, indicating a strong commitment to sustainability. This score reflects a lower carbon intensity in their operations and business practices. A higher number suggests that Close Brothers is effectively managing and reducing its carbon footprint.

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

Close Brothers, operating in the finance sector, has a very low carbon intensity ranking. 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

Close Brothers operates in the United Kingdom, which has a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint through location-based advantages.
27.17%

...this company is doing 27.17% better in emissions than the industry average.

Close Brothers, founded in 1878, is a prominent merchant banking group headquartered in London, operating within the finance sector. The company offers a diverse range of services including lending, deposit taking, wealth management, and securities trading, primarily serving the UK market. With a workforce of 3,000 and a reputation for prudent and sustainable growth, Close Brothers is committed to providing bespoke services and fostering long-term client relationships.

emission intelligence's platform recommendations for Close Brothers

Close Brothers should engage with their suppliers to foster emissions reduction initiatives, which could potentially decrease their Scope 3 emissions by 25% in the purchased goods and services category.

Bad news, Close Brothers hasn't committed to SBTi goals yet

Close Brothers has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not defined or announced clear goals for reducing greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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Our methodology

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

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