Public Profile

Secure Trust Bank

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.

29

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.

25

Industry Benchmark

Secure Trust Bank's score of 29 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

Secure Trust Bank's reported carbon emissions

In 2023, Secure Trust Bank reported total carbon emissions of approximately 539,080 kg CO2e, with Scope 3 emissions accounting for about 294,440 kg CO2e. This marks a slight increase from 2022, where total emissions were approximately 492,000 kg CO2e. The bank's emissions profile over the years shows a trend of fluctuating total emissions, with significant contributions from both Scope 1 and Scope 2 emissions in previous years. In 2022, Secure Trust Bank's emissions included approximately 148,300 kg CO2e from Scope 1 and 252,200 kg CO2e from Scope 2. The highest recorded emissions were in 2019, with a total of about 769,700 kg CO2e, primarily driven by Scope 1 emissions of approximately 223,700 kg CO2e and Scope 2 emissions of about 421,500 kg CO2e. Despite these figures, Secure Trust Bank has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for further commitment to climate action within the banking sector. Overall, while Secure Trust Bank has made strides in tracking emissions, the lack of defined reduction targets indicates an opportunity for enhanced climate commitments moving forward.

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Add to project
201820192020202120222023
Scope 1
25,900
000,000
0,000,000
000,000
000,000
-
Scope 2
403,900
000,000
000,000
000,000
000,000
-
Scope 3
135,200
000,000
00,000
00,000
00,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Secure Trust Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Secure Trust Bank is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Secure Trust Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers