Bank of England

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2024πŸ—‚οΈ Report periods on file: 2024, 2022-03 to 2023-02, 2021, 2020-03 to 2021-02, 2019-20

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
2022-03 to 2023-026.2K tCO2e/year
2020-03 to 2021-0210.8K tCO2e/year (Significant reduction due to renewable energy and reduced travel)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Global risks associated with geopolitical tensions, global fragmentation and pressures on sovereign debt levels remain material.
  • Uncertainty around, and risks to, the outlook have increased.
  • Climate change poses risks to the financial system, both directly and via impacts on households and businesses, as well as through potential pressures on public finances.
  • Significant refinancing challenges remain for some corporate borrowers in advanced economies, in particular for commercial real estate (CRE) borrowers.
  • Mainland Chinese property market vulnerabilities have continued to crystallise, while Hong Kong property prices have also fallen further since the June FSR.
  • Vulnerabilities associated with hedge fund leverage are still elevated.
  • Liquidity demands from margin calls in times of stress
  • Insufficient capacity of markets to intermediate in stress, so-called jump-to-illiquidity risk
  • The rapid growth in the global private equity (PE) sector, which plays a significant role in financing UK businesses, has been accompanied by the acquisition of insurance liabilities as a low-cost source of long-dated funding for lending activities.

πŸ“‹ Report Information

Reporting Period: 2024