Osb
Osb, officially known as OSB Group, is a prominent financial services provider headquartered in Great Britain. Established in 2011, the company has rapidly evolved, focusing on the specialist lending and savings sectors. With a strong operational presence across the UK, Osb has made significant strides in the mortgage market, particularly in buy-to-let and residential lending. The company offers a range of unique products, including tailored mortgage solutions and competitive savings accounts, designed to meet the diverse needs of its customers. Osb's commitment to innovation and customer service has positioned it as a key player in the financial industry, earning recognition for its robust growth and customer-centric approach. With a focus on sustainable practices, Osb continues to enhance its market position while delivering value to its stakeholders.
DitchCarbon Score
How does Osb'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
Osb's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Osb's reported carbon emissions
In 2023, OSB Group PLC reported total carbon emissions of approximately 2,496,850 kg CO2e, with emissions distributed across all three scopes: 171,440 kg CO2e (Scope 1), 396,950 kg CO2e (Scope 2), and 2,496,850 kg CO2e (Scope 3). Notably, the Scope 3 emissions were significantly driven by employee commuting, which accounted for about 2,021,060 kg CO2e. Comparatively, in 2022, the total emissions were approximately 334,690 kg CO2e, with Scope 1 emissions at 153,870 kg CO2e and Scope 2 emissions at 322,130 kg CO2e. This indicates a substantial increase in emissions in 2023, particularly in Scope 3, which reflects the growing impact of operational activities. OSB Group has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which the organisation joined in March 2022. The SBTi targets are designed to guide the company in reducing its carbon footprint effectively. The organisation's emissions data is not cascaded from any parent company, ensuring that the reported figures are solely reflective of OSB Group's operations. As a financial institution, OSB Group is actively working towards integrating sustainability into its business model, with a focus on reducing its overall environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 951,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 00,000 | 000,000 | 000,000 | 0,000,000 |
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.
Osb 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.
