- Higher energy costs putting financial strain on households.
- Poorly insulated housing stock in the UK.
- Difficulty in collecting data on scope 3 emissions.
- Growth in mortgage book value leading to increased financed emissions.
- Inability to directly require customers to improve energy efficiency of mortgaged properties.
Skipton Building Society
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Skipton Building Society disclosed greenhouse gas emissions of 10.1K tCO2e. By scope: Scope 1: 4.4K tCO2e; Scope 2: 5.7K tCO2e; Scope 3: 47.6K tCO2e (operational) + 288033 tCO2e (financed). 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.
GHG Emissions
10.1K tCO2e
2023
Water Usage
6.4K m3
2023
Waste
235.7K kg
2023
Energy Use
46.1M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.7K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 47.6K tCO2e (operational) + 288033 tCO2e (financed) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced combined scope 1 and 2 emissions slightly in 2023.
- Completed a full carbon footprint assessment across the Group and its whole value chain (scope 1, 2 and 3).
- Society’s single use plastics reduced by over 80% since 2019.
- Connells Group switched their entire fleet of more than 50 cars to electric.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Society target to halve scope 1, 2 and operational scope 3 carbon emissions by 2030.
- Connells Group aim to become net zero by 2045.
🔭 Long-term
- Society target to achieve net zero scope 1, 2 and 3 emissions by 2045.
🌱 ESG Focus Areas
Climate and Energy EfficiencySocial ImpactGovernance