Unity Trust Bank
Unity Trust Bank, headquartered in Great Britain, is a leading financial institution dedicated to providing banking services primarily for the social economy. Founded in 1984, the bank has established itself as a trusted partner for charities, social enterprises, and community organisations across the UK. Specialising in ethical banking, Unity Trust Bank offers a range of products and services, including business accounts, loans, and savings solutions, all designed to support social impact initiatives. Its commitment to responsible finance sets it apart in the industry, making it a preferred choice for organisations focused on positive change. With a strong market position, Unity Trust Bank has achieved notable milestones, including recognition for its contributions to sustainable finance. The bank continues to play a vital role in empowering communities and fostering social development throughout the UK.
DitchCarbon Score
How does Unity 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
Unity Trust Bank's score of 24 is lower 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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Unity Trust Bank's reported carbon emissions
In 2022, Unity Trust Bank reported total carbon emissions of approximately 127,000 kg CO2e, with emissions distributed across Scope 1, 2, and 3. Specifically, Scope 1 emissions were about 36,400 kg CO2e, Scope 2 emissions totalled around 21,900 kg CO2e, and Scope 3 emissions accounted for approximately 68,700 kg CO2e. The bank's emissions intensity for 2022 was reported at about 980 kg CO2e per full-time equivalent (FTE). In 2021, total emissions were slightly higher at approximately 138,000 kg CO2e, with Scope 1 at 41,100 kg CO2e, Scope 2 at 34,400 kg CO2e, and Scope 3 at 62,300 kg CO2e. The 2020 emissions were reported at around 140,000 kg CO2e, with similar distributions across the scopes. As of 2023, specific emissions data has not been disclosed, but the bank continues to focus on its climate commitments. Notably, there are currently no documented reduction targets or climate pledges, indicating a potential area for future development in their sustainability strategy. Unity Trust Bank's commitment to reducing its carbon footprint aligns with broader industry trends towards enhanced transparency and accountability in climate action.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 51,400 | 00,000 | 00,000 |
| Scope 2 | 32,600 | 00,000 | 00,000 |
| Scope 3 | 55,900 | 00,000 | 00,000 |
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.
Unity Trust Bank 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.
