Close Brothers Group plc, commonly known as Close Brothers, is a prominent financial services company headquartered in Great Britain. Established in 1878, the firm has built a strong reputation in the banking and investment sectors, with significant operations across the UK and Ireland. Specialising in lending, asset management, and securities trading, Close Brothers offers a range of unique financial solutions tailored to meet the needs of businesses and individuals. Their commitment to customer service and expertise has positioned them as a trusted partner in the financial industry. With a history marked by resilience and innovation, Close Brothers has achieved notable milestones, including consistent growth and a strong market presence. Their dedication to providing bespoke financial services continues to set them apart in a competitive landscape.
How does Close Brothers's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Close Brothers's score of 63 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Close Brothers reported total carbon emissions of approximately 42,520,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for about 40,252,000 kg CO2e. The company's Scope 1 emissions were approximately 2,054,000 kg CO2e, while Scope 2 emissions totalled around 525,000 kg CO2e. In the UK, the emissions were approximately 2,030,000 kg CO2e for Scope 1 and about 496,000 kg CO2e for Scope 2. Close Brothers has set ambitious climate commitments, aiming for a net zero company car fleet by 2025 and operational net zero for Scope 1 and 2 emissions by 2030. As of 2023, the company achieved a reduction of approximately 54.7% in its Scope 1 and 2 emissions since 2019, demonstrating progress towards its net zero goals. Additionally, as a signatory to the Net Zero Banking Alliance (NZBA), Close Brothers commits to aligning its lending and investment portfolios with net zero pathways by 2050. The emissions data is sourced directly from Close Brothers Group plc, with no cascading from a parent organization. The company continues to implement initiatives to reduce its carbon footprint and enhance sustainability across its operations.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,307,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,107,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 179,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Close Brothers is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.