Skipton Building Society Sustainability Profile
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 30 is higher than 51% 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 for Scope 1 and 2, and about 248,870,000 kg CO2e for Scope 3 emissions related to investments. In 2023, the figures were approximately 648,000 kg CO2e for Scope 1 and 2, and about 223,327,000 kg CO2e for Scope 3. The Scope 1 and 2 emissions reflect the society's direct and indirect emissions from owned or controlled sources, while the Scope 3 emissions encompass the broader impact of their investment activities. Skipton Building Society has committed to achieving net-zero emissions across all scopes by 2050, with targets established through the Science Based Targets initiative (SBTi). This long-term commitment underscores their dedication to addressing climate change and reducing their overall carbon footprint. The society's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Overall, Skipton Building Society is actively working towards significant climate commitments, aligning with industry standards and demonstrating a proactive approach to sustainability.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 573,000 | - | - | - | - |
| Scope 2 | 13,700 | - | - | - | - |
| Scope 3 | 24,900 | - | - | - | - |
How Carbon Intensive is Skipton Building Society's Industry?
How Carbon Intensive is Skipton Building Society's Location?
Skipton Building Society'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.
Skipton Building Society 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.
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Frequently Asked Questions
Common questions about Skipton Building Society's sustainability data and climate commitments