Skipton Building Society
Skipton Building Society, headquartered in Skipton, GB, is a prominent player in the UK financial services industry, specialising in savings and mortgage products. Established in 1853, it has grown to become one of the largest building societies in the country, known for its customer-centric approach and mutual status. The society offers a range of core services, including competitive savings accounts, mortgages, and financial advice, distinguished by its commitment to transparency and member benefits. With a strong presence in the Yorkshire region and beyond, Skipton Building Society has achieved notable milestones, including consistent recognition for customer service excellence. Its focus on community and ethical banking further solidifies its market position as a trusted financial partner for individuals and families across the UK.
DitchCarbon Score
How does Skipton Building Society'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 Real Estate Services 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
Skipton Building Society's score of 27 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Skipton Building Society's reported carbon emissions
In 2024, Skipton Building Society reported total carbon emissions of approximately 705,000 kg CO2e (market-based) and 1,351,000 kg CO2e (location-based) for Scope 1 and 2 emissions. This marks a slight increase from 2023, where emissions were about 648,000 kg CO2e (market-based) and 1,441,000 kg CO2e (location-based). In 2022, emissions were significantly lower at approximately 24,800 kg CO2e (market-based) and 1,178,000 kg CO2e (location-based), indicating a notable fluctuation in their emissions profile over the years. Skipton Building Society has committed to achieving net-zero emissions across all scopes by 2050, with their commitment formalised through the Science Based Targets initiative (SBTi). This long-term target was established in 2023, reflecting the organisation's dedication to addressing climate change and reducing its carbon footprint. The society's emissions data does not include Scope 3 emissions, which typically encompass indirect emissions from the value chain. As of now, there are no disclosed reduction targets or significant achievements in this area, but the commitment to net-zero by 2050 positions Skipton Building Society within the broader context of financial institutions striving for sustainability. Overall, Skipton Building Society's emissions data and climate commitments highlight their ongoing efforts to manage and reduce their carbon footprint while aligning with industry standards for climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 658,000 | - | - | - | - |
| Scope 2 | 14,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions 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.
Skipton Building Society is not participating in any of the initiatives that 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.
