Back to February 2020

Energy efficiency investments by Leeds Building Society help to secure Carbon Trust Standard for Carbon for second year

Leeds Building Society has further cut its carbon footprint and has successfully achieved recertification to the Carbon Trust Standard for Carbon.

Initiatives, such as investing in energy efficient design at its new Head Office, have helped the Society to again achieve the Standard, as the business continues to seek more ways to reduce its environmental impact.

Next year more than 800 colleagues from three offices in Leeds city centre will move into their new home in Sovereign Street, which will be powered with 100% renewable electricity.

“Being recertified by the Carbon Trust is a satisfying acknowledgment of our efforts to keep on improving how we measure, manage and reduce our carbon emissions,” said Andrew Greenwood, Leeds Building Society’s Chief Risk Officer.

“As a mutual, we’re focused on long-term sustainability of the business, not just financially, so it’s great to have independent recognition of how we’re striving to reduce our impact on the environment.

“Our new head office will help us in that aim as it will be more energy efficient than our current 1930s building and yet still means we are in the city, so benefit from public transport connectivity, which helps to reduce the emissions associated with getting to and from work.”

John Newton, Head of Certification at the Carbon Trust, commented: “We are delighted to certify the carbon reductions of Leeds Building Society, which has really invested in long term measures for carbon emissions reduction.

“We look forward to continuing to work with them to quantify the impacts that this investment will have on the organisation’s carbon footprint.”

Ends

Notes to Editors

The Carbon Trust Standard for Carbon

The Carbon Trust Standard recognises organisations that take a best practice approach to measuring and managing their environmental impacts, achieving real reductions in these year-on-year.

It was developed by the Carbon Trust, an independent, expert partner of leading organisations around the world, helping them contribute to and benefit from a more sustainable future.

 

Leeds Building Society operates throughout the UK and had assets of £20.7bn at 30 June 2019 (£19.4bn at 30 June 2018). The Society is a Best Companies 2* employer and its head office is in the centre of Leeds, where it has been based since 1886.

The Society won the title of Best Shared Ownership Mortgage Lender in the 2019 What Mortgage Awards, its fourth consecutive year of success in this category. It also was named Best Lender for Later Life Lending in the Legal & General Mortgage Club Awards 2019.