As of June 2021, Triodos Bank performed better than any of the other savings account providers operating in the United Kingdom, in terms of environmental sustainability. The bank headquartered in Zeits (Netherlads) received a sustainability score of 92 points out of 100, two points more than Ecology Building Society and Nationwide Building society.
The environmental sustainability of each provider is measured based on its transparency in reporting environmental impact and carbon emissions, on the amount of its investments in fossil fuels, on its ethical lending policies, and on the overall company ethos.
Environmental sustainability performance of selected banks and building societies in the United Kingdom as of June 2021
Sustainability is measured on a scale between 0 (worst possible performance) and 100 (best possible performance).
The source adds the following information: "The score for each provider was based on the publicly available information that could be found in four categories, which looked at the following questions:
Environmental reporting (max 25 points): does it report its environmental impact, and does it have targets to reduce it?.
Carbon management and reporting (max 35): does it report its emissions, and does it invest in fossil fuels?
Transparency and ethical lending policies (max 30): does it report all of its lending? Is it helping its customers to be more environmentally-friendly?.
Company ethos (max 10): is the provider a building society, B Corporation, or have another not-for-profit structure?."
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Which?. (August 18, 2021). Environmental sustainability performance of selected banks and building societies in the United Kingdom as of June 2021 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1283386/sustainability-scores-of-selected-banks-uk/
Which?. "Environmental sustainability performance of selected banks and building societies in the United Kingdom as of June 2021." Chart. August 18, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1283386/sustainability-scores-of-selected-banks-uk/
Which?. (2021). Environmental sustainability performance of selected banks and building societies in the United Kingdom as of June 2021. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1283386/sustainability-scores-of-selected-banks-uk/
Which?. "Environmental Sustainability Performance of Selected Banks and Building Societies in The United Kingdom as of June 2021." Statista, Statista Inc., 18 Aug 2021, https://www.statista.com/statistics/1283386/sustainability-scores-of-selected-banks-uk/
Which?, Environmental sustainability performance of selected banks and building societies in the United Kingdom as of June 2021 Statista, https://www.statista.com/statistics/1283386/sustainability-scores-of-selected-banks-uk/ (last visited December 23, 2024)
Environmental sustainability performance of selected banks and building societies in the United Kingdom as of June 2021 [Graph], Which?, August 18, 2021. [Online]. Available: https://www.statista.com/statistics/1283386/sustainability-scores-of-selected-banks-uk/
