Nationwide Building Society

How ethical is Nationwide Building Society?

Nationwide 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 Nationwide Building Society do?

Nationwide Building Society is the largest building society in the world, serving over 16 million members. The company offers financial services such as banking, mortgages and loans. As of 2023, Nationwide had 683 branches.

In which areas does Nationwide Building Society perform well?

Nationwide Building Society receives a top rating for the Mutual Status category, as the company has committed to remaining a mutual organisation.

Additionally, Nationwide was not found to have made any political donations in the past 5 years and therefore receives the top score in the Political Donations criterion.

What can Nationwide 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.

Although Nationwide receives an above-benchmark score in our ratings, there are still some areas that require improvement. For instance, Nationwide only receives a middle rating in the Environmental Report category. This can be achieved by including more detailed information on its environmental commitments within its next Sustainability Report.

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