- Severe market downturn in 2023 due to rising interest rates and reduced consumer confidence.
- Depleted mortgage and protection pipelines at the start of 2023.
- Reduced UK new mortgage lending by 29%.
- Difficult macroeconomic environment.
Mortgage Advice Bureau (Holdings) plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Mortgage Advice Bureau (Holdings) plc disclosed greenhouse gas emissions of 232 tCO2e (market-based); 271 tCO2e (location-based). By scope: Scope 1: 91 tCO2e; Scope 2: 141 tCO2e (market-based); 180 tCO2e (location-based); Scope 3: 158 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.
GHG Emissions
232 tCO2e (market-based); 271 tCO2e (location-based)
2023
Renewable Energy
100% at Head Office and First Mortgage offices
of total energy
Energy Use
1.4M 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). | 91 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 141 tCO2e (market-based); 180 tCO2e (location-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 158 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 232 tCO2e (market-based); 271 tCO2e (location-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Scope 1 and Scope 2 emissions in kWh reduced by 5% due to efficiency measures implemented at Head Office. Market-based Scope 1 and Scope 2 emissions in tCO2e decreased by 9%, and by 11% on a per employee basis.
- Head office energy performance rating improved from 84 (D rating) to 39 (B rating) after refurbishment.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Develop a new ‘Green Mortgage’ service.
🔭 Long-term
- Contribute to achieving the government’s 2050 net zero ambitions.
🌱 ESG Focus Areas
Climate changeDiversity, Equity, and InclusionCommunity engagementEmployee wellbeingGovernance