Skipton Building Society

How ethical is Skipton Building Society?

Skipton Building Society has achieved an acceptable score on The Good Shopping Guide’s Ethical Banks & Building Societies Ratings Table, but Ethical Accreditation has not yet been achieved. This is important because it provides additional verification on the company’s wider ethical and sustainable policies and practices.

Read more about the issues facing the banking sector in our article on Ethical Banks & Building Societies and find out which companies have achieved accreditation for their commitment to being ethical and socially responsible businesses.

What does Skipton Building Society do?

Skipton Building Society is a building society based in Skipton, North Yorkshire, which was founded in 1953. Today, Skipton Building Society is one of the UK’s largest building societies, serving over one million members. The company offers a range of financial services, such as banking, ISAs, savings accounts and mortgages.

In which areas does Skipton Building Society perform well?

Skipton Building Society receives a top rating across several areas of our assessment, such as in the Environmental Report category. This is due to Skipton’s detailed Responsible Business Report which demonstrates the company’s commitment to improving its overall environmental record.

Additionally, Skipton attained a top rating for Other Criticisms, as it has not been linked to involvement in any unethical business practices.

What can Skipton Building Society do to improve its ethical score?

The ethical rating of a Finance brand is divided into three categories by The Good Shopping Guide: the Environment, People and Other. Find out more about how we rate.

To improve its overall GSG score, Skipton Building Society should work on improving its rating in the Responsible Investment Policy category by outlining its specific investment restrictions for controversial industries.

If you’re interested in learning more about achieving Ethical Accreditation for your brand, please contact us or complete a Free Initial Assessment form.