Press Release

For immediate release

Winners of the Finder Green Banking Awards 2023 revealed!

05, July, 2023, LONDON –

The 5 winners and highly commended companies in the Finder Green Banking Awards 2023 have been revealed today.

Running for the very first time, the personal finance comparison site assessed the UK’s most popular banking brands’ sustainability credentials across 3 key areas: operational emissions, net zero targets and position on financing fossil fuels.

Based on these factors, brands were then recognised in the following 3 categories: green bank of the year, green digital bank of the year and green high street bank of the year.

And the winners are…

The winner of the Green Bank of the Year 2023 category is Triodos Bank, as the only bank to get excellent scores across the board. Triodos Bank was hailed for its low operational emissions, and its aim to reach net zero for all emissions by 2035.

Taking the top spot in the Green Digital Bank of the Year 2023 category is Monzo, which was recognised for its policy not to invest in or lend to fossil fuel businesses, and its ambitious target of reaching net zero by 2030.

Highly commended in this category is Starling Bank, which received excellent scores in 2 of the 3 assessment areas; operational emissions and position on fossil fuels.

In the Green High Street Bank of the Year 2023 category, Nationwide came out on top after being recognised for its lack of investment in the fossil fuel sector. Following close behind as the highly commended brand in this category is The Co-operative Bank.

Commenting on the awards, Kate Anderson, deputy editor at said:

“Banks haven’t always faced much scrutiny over their green credentials in the past, but this is quickly changing. Customers and the media are both starting to pay more attention to the sustainability of leading banks, so it was great to see such high scores across issues that impact the climate now and targets for the future.

“Congratulations to the winner of the inaugural Finder Green Bank of the Year Award, Triodos Bank, and to Monzo, Starling, Nationwide and The Co-operative Bank, who make up the top 5 this year! We are excited to see the improvements that all the banks will expect to make between now and next year.”

For more information on the awards and finalists, please visit:


To create our green bank ratings, we scored each bank on three key areas:

  • Position on fossil fuel financing (70% of overall score). We think the most important thing to consider when assessing the sustainability credentials of a bank is where your money could end up. It’s a little known fact that many of the world’s best known banks provide financing to significant contributors to the climate crisis like the fossil fuel industry. We assessed each bank’s position on financing fossil fuels and how well they report on financed emissions more broadly.

  • Operational emissions (15% of overall score). Greenhouse gas emissions are the best overall indicator of a company’s environmental impact and operational emissions are related to the day-to-day operations of the business. Think electricity used in the branches or the cars driven by the executives. For the sustainability experts among you, we assessed each bank based on absolute location-based Scope 1 & 2 emissions using revenue as a denominator to help us compare big and small banks fairly.
  • Net zero targets (15% of overall score). We also assessed the future ambition of each bank when it comes to sustainability by looking at their net zero targets. The UN defines “net zero” to mean “cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests”. The earlier the bank is aiming to achieve net zero emissions the better it scored.


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