Ecology Building Society

Ecology Building Society's reported carbon emissions

Ecology Building Society has set ambitious climate commitments, aiming for net-zero business operations by 2030, as detailed in their 2022 Annual Report and Accounts. They are also working towards achieving net-zero based on company size and growth, utilising the SBTi methodology by 2025, as referenced in their 2024 Impact Report. In terms of emissions, for the reporting year 2024, Ecology Building Society reported a total of approximately 1.7 million kg CO2e. This figure is comprised of about 3,700 kg CO2e for Scope 1 emissions and approximately 1,583,500 kg CO2e for Scope 3 emissions. Scope 2 emissions for 2024 were approximately 1,154 kg CO2e (market-based). For the reporting year 2023, the total emissions were approximately 1.2 million kg CO2e. This included about 4,640 kg CO2e for Scope 1 and approximately 1,991,550 kg CO2e for Scope 3. Scope 2 emissions for 2023 were approximately 1,832 kg CO2e (market-based). In 2022, the reported total emissions were approximately 1.3 million kg CO2e, with Scope 1 emissions accounting for about 5,120 kg CO2e. Scope 2 and Scope 3 data were not fully disclosed for this year. Earlier reporting periods show varied data. In 2021, Scope 1 emissions were about 6,900 kg CO2e and Scope 3 emissions were approximately 276,800 kg CO2e. For 2019, total emissions were reported as approximately 97.6 million kg CO2e, with Scope 1 at about 7.1 million kg CO2e, Scope 2 at about 49.7 million kg CO2e, and Scope 3 at about 40.9 million kg CO2e. In 2018, total emissions were approximately 601.6 million kg CO2e, and in 2017, total emissions were approximately 602.6 million kg CO2e. No emissions data was available for 2020. Ecology Building Society also tracks intensity metrics, including physical carbon intensity (approximately 25,600 m2 for 2024) and financed regulated emissions intensity (0.0132 per GBP for 2024).