Arbuthnot Banking Group PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Arbuthnot Banking Group PLC disclosed greenhouse gas emissions of 303 tCO2e (Scope 1); 351 tCO2e (Scope 2); 69 tCO2e (Scope 3). By scope: Scope 1: 303 tCO2e; Scope 2: 351 tCO2e; Scope 3: 69 tCO2e. 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.

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GHG Emissions
303 tCO2e (Scope 1); 351 tCO2e (Scope 2); 69 tCO2e (Scope 3)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).303 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.351 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).69 tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Improve recycling rates to 60% by 2025.

📅 Medium-term

  • Achieve net-zero carbon emissions by 2050.
  • Company car fleet to be fully electric or hybrid by 2035.
  • Company heavy goods fleet to be powered by non-combustion engines by 2040.

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate changeDiversity & InclusionCommunity InvestmentEmployee WellbeingResponsible Supply Chain

⚠️ Challenges & Risks +

  • Inflationary pressures increasing operating expenses.
  • Higher interest rates impacting lending volumes and deposit costs.
  • Macroeconomic uncertainty affecting borrowers and credit risk.
  • Climate change transition risks and opportunities.
  • Supply chain challenges impacting commercial vehicle finance.

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD