Leeds Building Society

How ethical is Leeds Building Society?

Leeds Building Society is a financial company that has achieved an acceptable score on The Good Shopping Guide’s Ethical Mortgages Ratings Table, but Ethical Accreditation has not yet been achieved. This is crucial because accreditation would provide additional confirmation that the company’s ethical and environmental claims are accurate.

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

What does Leeds Building Society do?

Leeds Building Society, based in its titular city, is a building society serving over 700,000 customers within the United Kingdom. The company was founded as the Leeds and Holbeck (Permanent) Building Society in 1875, but was eventually renamed to Leeds Building Society in September 2005.

In which areas does Leeds Building Society perform well?

Leeds Building Society receives a top rating in the Carbon Disclosure & Reduction Targets criterion, as the company discloses its Scope 1,2 and 3 carbon emissions and has set targets for reducing them in the future.

What can Leeds 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 increase its overall GSG score, Leeds Building Society should work on improving its rating in the Responsible Investment Policy criterion.

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