- Slower than anticipated UK progress towards net zero, particularly in greening homes
- Housing affordability remains stretched
Nationwide Building Society
Greenhouse gas emissions & sustainability report data
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.
Renewable Energy
100% (electricity)
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-2024 | 1.8K tCO2e/year (absolute carbon outturn) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced direct CO2e emissions from business operations by 24% in 2023/24
- Continued to source 100% renewable electricity
🎯 Climate & Sustainability Targets
🔜 Short-term
- Help 300,000 people buy a home by March 2025
- Provide £2 billion of new lending to support the social housing sector by March 2025
- Protect 1.4 million customers with Scam Checker Service by March 2025
📅 Medium-term
- Reduce scope 1, 2, and 3 emissions in line with 2030 science-based targets (with a review of the mortgage target)
🔭 Long-term
- Net-zero emissions by 2050
🌱 ESG Focus Areas
Helping more people into safe and secure homesOffering customers a choice in how they bank and supporting their financial resilienceMaking a positive difference for customers, communities, and societyBuilding a more sustainable worldEnhancing performance by better reflecting the diversity of society