Starling Bank
Starling Bank, a pioneering digital bank headquartered in Great Britain, has transformed the banking landscape since its inception in 2014. With a focus on providing innovative financial services, Starling operates primarily in the UK, offering a range of products including personal and business accounts, loans, and payment solutions. Renowned for its user-friendly mobile app and real-time banking features, Starling Bank stands out in the fintech industry by prioritising customer experience and transparency. The bank has achieved significant milestones, such as becoming the first UK bank to receive a full banking licence from the Prudential Regulation Authority in 2016. With a strong market position, Starling has garnered numerous awards for its services, solidifying its reputation as a leader in the digital banking sector.
DitchCarbon Score
How does Starling 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
Starling Bank's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Starling Bank's reported carbon emissions
In 2023, Starling Bank reported total carbon emissions of approximately 161,000 kg CO2e, which included 23,000 kg CO2e from Scope 1 and 138,000 kg CO2e from Scope 2 emissions. The bank's emissions have fluctuated over the years, with 2022 emissions at about 124,000 kg CO2e and 2021 emissions reaching approximately 213,740 kg CO2e. Notably, the carbon intensity ratio per full-time employee was reported at 62.0 kg CO2e in 2023, down from 68.0 kg CO2e in 2022 and 226.36 kg CO2e in 2021. Starling Bank has set an interim target to reduce emissions from its operations and supply chain by one third (33%) by 2030, using 2021 as the baseline year. This commitment reflects the bank's recognition of its significant growth since that time. However, it is important to note that the bank has removed its near-term targets and has not committed to a net-zero goal. The emissions data and reduction initiatives are sourced directly from Starling Bank Limited, with no cascaded data from a parent organization. The bank continues to focus on improving its sustainability practices within the financial sector in Great Britain.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 14,980 | 00,000 | 00,000 |
| Scope 2 | 194,060 | 000,000 | 000,000 |
| 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.
Starling Bank is participating in some 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.
