Climate Action and Risk
Our Focus
We aim to understand the risks to our business associated with climate change so that we can maintain a strong credit discipline, capital allocation and risk management capabilities that support our specialised lending.
We also aim to minimise the harmful impact of our business on the environment by reducing Scopes 1 and 2 CO2e emissions from our operations, understand better Scope 3 emissions associated with our lending activities, and to use less and re-use more.
Measures, Disclosures and Progress
Report annually on our operational energy use and carbon emissions
Progress in 2025: We continue to disclose our operational energy and carbon emissions in our Annual Report and Accounts.
Scope 1 and 2 CO2 emissions from our operations reduced by 50% from 31 December 2021 to 31 December 2025
Progress in 2025: We achieved our 50% carbon reduction target a year early with a 68% reduction by the end of 2025. We now aim to maintain this reduction.
• Compliance with the Task Force for Climate-related Financial Disclosure (TCFD) requirements and related PRA regulations.
Progress in 2025: We continue to make Climate-related financial disclosures in line with the regulatory requirements. Our latest disclosures are in our 2025 Annual Report and Accounts.
A Greener Way of Working
Over recent years we have made strong progress in reducing our carbon footprint, supported by a wide-ranging programme of climate-focused initiatives. A key element of this work has been the strategic review and optimisation of our property portfolio.
In 2025 we reached another important milestone with the successful downsizing of our London office, following the earlier sale of our Solihull premises. Together, these changes have delivered a 55% reduction in total office space since 2022. Our new London home on King William Street not only provides a bright, modern environment designed for collaborative and hybrid working, but it is also powered by 100% renewable energy, reinforcing our commitment to sustainable operations.
Our smaller footprint is complemented by a series of environmentally conscious upgrades across our sites, including the installation of solar panels, smart metering and motion sensor lighting. These improvements are helping us to reduce energy consumption, cut emissions and embed sustainable thinking in the way we work every day.
If you would like to know more, we'd love to hear from you.
For further information, investor enquiries, or to send notifications regarding the share capital or your shareholding in Secure Trust Bank, please email Investor Relations.