Metro Bank PLC
Metro Bank's GHG Emissions Data Preview
In 2024, Metro Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Metro Bank has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Metro Bank’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Metro Bank’s data sources below and access millions more through our Disclosure Search.
Insights into Metro Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Metro Bank amounted to 2,654 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Metro Bank decreased by 16.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Metro Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Metro Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Metro Bank were 122 metric tons of CO₂ equivalent (tCO₂e).a
Has Metro Bank reduced its Scope 1 emissions over time?
Since 2019, Metro Bank's Scope 1 emissions have decreased by 61.76%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Metro Bank's Scope 1 emissions decreased by 73.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Metro Bank's Scope 2 emissions?
In 2024, Metro Bank reported Scope 2 greenhouse gas (GHG) emissions of 32 tCO₂e using the market-based method and 2,532 tCO₂e using the location-based method.a
Has Metro Bank reduced its Scope 2 emissions over time?
Since 2019, Metro Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 40.38%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Metro Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Metro Bank's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Metro Bank use for Scope 2 reporting?
In 2024, Metro Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a
Metro Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Metro Bank's Value Chain Emissions
In 2024, Metro Bank reported 72,670 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Metro Bank includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Metro Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Metro Bank's Scope 3 emissions?
In 2024, Metro Bank reported total Scope 3 emissions of 72,670 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 59.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.8% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Metro Bank reduced its Scope 3 emissions over time?
Since 2019, Metro Bank's Scope 3 emissions have decreased by 70.81%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Metro Bank's Scope 3 emissions decreased by 34.65%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Metro Bank disclose?
In 2024, Metro Bank reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Metro Bank's Scope 3 emissions?
In 2024, the largest contributors to Metro Bank's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 36,737 tCO₂e (50.55%)
- Investments (Cat. 15): 29,650 tCO₂e (40.8%)
- Employee Commuting (Cat. 7): 3,641 tCO₂e (5.01%)
Metro Bank's Scope 3 Emissions by Categories
Insights into Metro Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Metro Bank reported Scope 1 greenhouse gas (GHG) emissions of 122 tCO₂e and total revenues of USD 509 millions. This translates into an emissions intensity of 0.24 tCO₂e per millions USD.a
Metro Bank's Scope 1 Emissions Intensity Compared to Peers
How does Metro Bank's GHG emissions intensity compare to its peers?
In 2024, Metro Bank reported a Scope 1 emissions intensity of 0.24 tCO₂e per millions USD. Compared to the peer group median of 0.32, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Metro Bank rank on GHG emissions intensity within its industry?
In 2024, Metro Bank ranked 9 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Metro Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Metro Bank's Total Carbon Footprint
In 2024, Metro Bank reported a total carbon footprint of 75,324 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.15% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Metro Bank's total carbon footprint was Scope 3 emissions, accounting for 96.48% of the company's total carbon footprint, followed by Scope 2 emissions at 3.36%.a