Nationwide Building Society | Sustainability Performance
A financial institution offering a wide range of banking products, including savings accounts, mortgages, and loans, focusing on customer satisfaction and providing accessible services to individuals and families.
1884
United Kingdom
10,001+ employees
Financial Services
$1B - 10B in revenue
$1B - 10B in profitability
Sustainability Ranking & Industry Benchmark
#1927
Overall#235
in United Kingdom#100
in Financial ServicesSustainability Maturity
Sustainability Intent
Overview
Environmental
Carbon emissionsCarbon certificatesEnergy consumptionWaste ManagementWater ManagementSocial
Diversity and InclusionGovernance
Targets
CO2 scope 1 + 2
Aligned
Waste generated
Laggard
Female employees
Leading
Carbon emissions
Reveal data for 1 credit
Industry rank: 88 out of 610
Total CO2 emissions
(CO2e tonnes)
Industry rank: 88 out of 610
Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
(adj. for revenues)
Renewable energy
Reveal data for 1 credit
Industry rank: Beyond Top 100
Total energy consumption
and % renewables
(MWh, % of consumption)
Industry rank: Beyond Top 100
Total energy
Share of renewable energy
Industry benchmark
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Industry Benchmark
2.5
B/M 3.0
12.1
B/M 2.6
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Female employees
Reveal data for 1 credit
Share of female employees (%)
Share of female board members
25
50
75
100
Company
Benchmark
Waste
Reveal data for 1 credit
1.3K2024
Total waste generated (tonnes)
Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark
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Controversy level
- Nationwide Building Society has faced sustained scrutiny over the 2024 USD 3.5 billion (GBP 2.9 billion) Virgin Money UK acquisition (announced March 2024, closed October 2024, largest UK building society acquisition in history with Nationwide retaining mutual structure not requiring Virgin Money shareholder vote) affecting UK institutional creditor governance complexity amid UK banking sector consolidation pressure.
Carbon emissions breakdown
Reveal data for 2 credits
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| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
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Carbon certificate projects
Reveal data for 3 credits
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Water management
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
| ******* | ******* | - | - | - | ******* | ******* | ******* |
| ******* | ******* | - | - | - | ******* | ******* | ******* |
Sustainability targets and commitments
Reveal data for 1 credit
| Target | Year | Value | Scope | Baseline |
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