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.
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.
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.
Unity 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.
In 2022, Unity Trust Bank reported total carbon emissions of approximately 45,450 kg CO2e. This figure represents a significant reduction from previous years, with emissions of about 138,000 kg CO2e in 2021 and around 140,000 kg CO2e in 2020. The breakdown of emissions for 2022 includes approximately 36,370 kg CO2e from Scope 1, 1,740 kg CO2e from Scope 2, and about 68,660 kg CO2e from Scope 3 emissions. Despite these reductions, Unity Trust Bank has not set specific reduction targets or made formal climate pledges. The bank's commitment to sustainability is evident in its decreasing emissions trend, but further details on future initiatives or targets are not available. As the financial sector increasingly focuses on climate action, Unity Trust Bank's ongoing efforts to lower its carbon footprint align with industry standards for environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 51,400 | 00,000 | 00,000 |
Scope 2 | 32,600 | 00,000 | 0,000 |
Scope 3 | 55,900 | 00,000 | 00,000 |
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 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.