Leeds Building Society
Leeds Building Society, one of the largest building societies in the UK, is headquartered in Leeds, GB. Established in 1863, the society has a rich history of providing financial services, primarily focusing on savings accounts and mortgage products. With a strong presence in the North of England and beyond, Leeds Building Society has consistently prioritised customer service and community engagement. The society offers a range of unique products, including competitive fixed-rate mortgages and innovative savings options, designed to meet the diverse needs of its members. Notable achievements include a commitment to responsible lending and a robust financial position, which has solidified its reputation in the mutual sector. As a trusted financial institution, Leeds Building Society continues to play a significant role in the UK housing market.
DitchCarbon Score
How does Leeds Building Society'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
Leeds Building Society's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Leeds Building Society's reported carbon emissions
In 2023, Leeds Building Society reported total carbon emissions of approximately 272,000 kg CO2e. This includes Scope 1 emissions of about 59,000 kg CO2e from fugitive emissions and stationary combustion, and Scope 2 emissions of approximately 490,000 kg CO2e, primarily from purchased electricity. Additionally, the Society's Scope 3 emissions, which encompass business travel, amounted to around 175,000 kg CO2e. Leeds Building Society has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 market-based emissions by 90% by 2034, using 2024 as the base year. This long-term target reflects the Society's commitment to significantly lower its carbon footprint in alignment with industry standards. The Society's emissions data is not cascaded from any parent organization, indicating that it independently reports its carbon emissions and climate initiatives. Overall, Leeds Building Society is actively working towards reducing its environmental impact through targeted emissions reduction strategies.
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| 2016 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 102,000 | 00,000 | 00,000 | - | 00,000 |
| Scope 2 | 1,552,000 | 0,000,000 | 000,000 | - | 000,000 |
| Scope 3 | - | 00,000 | 00,000,000 | 00,000,000 | 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.
Leeds Building Society 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.
