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.
-3 vs industry average
Unity Trust Bank’s score of 32 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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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Unity Trust Bank's reported carbon emissions
In 2023, Unity Trust Bank reported total carbon emissions of approximately 78,360 kg CO2e. This figure includes Scope 1 emissions of about 48,830 kg CO2e, Scope 2 emissions from purchased electricity at approximately 22,530 kg CO2e, and significant Scope 3 emissions, which totalled around 952,000 kg CO2e, with notable contributions from investments (952,000 kg CO2e), business travel (33,320 kg CO2e), and employee commuting (40,610 kg CO2e).
Comparatively, in 2022, the bank's total emissions were approximately 65,640 kg CO2e, with Scope 1 emissions at about 36,400 kg CO2e and Scope 2 emissions at approximately 21,900 kg CO2e. The Scope 3 emissions for that year were around 61,320 kg CO2e.
Despite these figures, Unity Trust Bank has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The bank's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of its own operations.
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Unity Trust Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Unity Trust Bank yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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