RBS is Top UK Bank For Renewable Energy Use

RBS is named as the UK’s number one bank for renewable energy use in one of the world’s leading independent indexes. The 2012 Bloomberg Corporate Renewable Energy Index (CREX) shows 61% of the banking group’s global energy use came from renewable sources. In the UK, the figure is 100%. RBS also lent more than any other bank to renewable energy projects in the UK last year.

The CREX places RBS 8th in the list of UK companies assessed by Bloomberg – more than ten places higher than the next bank on the ranking.

The CREX report comes just a few days after RBS retained its place in the Dow Jones Sustainability World Index. This tracks the corporate sustainability of the world’s leading companies, and includes only the top 10% of the 2,500 largest listed companies assessed in the research.

“RBS is committed to ongoing reductions in its carbon footprint. Procuring our energy supply from renewable sources wherever we can has played an important part in that. With thousands of buildings across more than 30 countries worldwide, it’s not always straight forward – but our target to cut energy and associated CO2 emissions by 15% by the end of January 2014 demonstrates how committed we are,” commentsCallum Stuart, RBS Energy and Sustainability Manager

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