In 2025, Nationwide Building Society 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).
Nationwide Building Society has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,128a | 3,975a | 2,361b | |
Total Scope 2 | ||||
Market-Based | N/A | N/A | 12,774b | |
Location-Based | 18,165a | 19,383a | N/A | |
Total Scope 3 | 7,911,500a | 8,778,500a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.323a | 0.6585a | N/A |
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In 2025, the total operational greenhouse gas (GHG) emissions of Nationwide Building Society amounted to 21,293 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 2024, the total operational greenhouse gas (GHG) emissions of Nationwide Building Society decreased by 8.84%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Nationwide Building Society were 3,128 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2024), Nationwide Building Society's Scope 1 emissions decreased by 21.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Nationwide Building Society reported Scope 2 greenhouse gas (GHG) emissions of 18,165 tCO₂e using the location-based method.a
Compared to the previous year (2024), Nationwide Building Society's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nationwide Building Society's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, Nationwide Building Society reported its Scope 2 emissions using the location-based method.a
In 2025, Nationwide Building Society reported 7,911,500 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 2025 disclosure of Nationwide Building Society includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Nationwide Building Society reported total Scope 3 emissions of 7,911,500 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 2.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.07% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Nationwide Building Society's Scope 3 emissions have increased by 128.19%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2024), Nationwide Building Society's Scope 3 emissions remained relatively stable, indicating that Nationwide Building Society's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, Nationwide Building Society reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Nationwide Building Society's Scope 3 emissions were:a
In 2025, Nationwide Building Society reported Scope 1 greenhouse gas (GHG) emissions of 3,128 tCO₂e and total revenues of USD 9,684 millions. This translates into an emissions intensity of 0.32 tCO₂e per millions USD.a
In 2025, Nationwide Building Society reported a Scope 1 emissions intensity of 0.32 tCO₂e per millions USD. Compared to the peer group median of 0.76, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Nationwide Building Society ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Nationwide Building Society is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Nationwide Building Society reported a total carbon footprint of 7,932,793 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.87% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Nationwide Building Society's total carbon footprint was Scope 3 emissions, accounting for 99.73% of the company's total carbon footprint, followed by Scope 2 emissions at 0.23%.a