Secure Trust Bank Sustainability Profile
Secure Trust Bank, headquartered in Great Britain, is a prominent player in the financial services industry, specialising in personal and business banking solutions. Founded in 1952, the bank has established a strong presence across the UK, offering a range of products including savings accounts, loans, and credit cards, all designed to meet the diverse needs of its customers. With a commitment to customer service and innovative financial solutions, Secure Trust Bank has achieved significant milestones, including recognition for its competitive interest rates and flexible lending options. The bank's unique approach to personal finance, combined with its robust digital banking platform, positions it as a trusted choice for individuals and businesses alike. As a result, Secure Trust Bank continues to strengthen its market position, earning accolades for its reliability and customer-centric services.
DitchCarbon Score
How does Secure Trust Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Secure Trust Bank's score of 29 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Secure Trust Bank's reported carbon emissions
In 2023, Secure Trust Bank reported total carbon emissions of approximately 399,900 kg CO2e. This figure includes 60,200 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 224,800 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, the bank's Scope 3 emissions totalled about 114,900 kg CO2e. Comparatively, in 2022, the bank's total emissions were approximately 492,000 kg CO2e, with Scope 1 emissions at 148,300 kg CO2e, Scope 2 emissions at 252,200 kg CO2e, and Scope 3 emissions at 91,500 kg CO2e. This indicates a significant reduction in total emissions of about 92,100 kg CO2e from 2022 to 2023. Despite these reductions, Secure Trust Bank has not set specific science-based targets for further emissions reductions, nor have they made any formal climate pledges. The emissions data is sourced directly from Secure Trust Bank PLC, with no cascaded data from a parent or related organization. Overall, Secure Trust Bank's commitment to reducing its carbon footprint is evident through its decreasing emissions, although further initiatives and targets would enhance its climate strategy.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 132,400 | 000,000 |
| Scope 2 | 313,300 | 000,000 |
| Scope 3 | 45,200 | 00,000 |
How Carbon Intensive is Secure Trust Bank's Industry?
How Carbon Intensive is Secure Trust Bank's Location?
Secure Trust Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Secure Trust Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
