Nationwide Building Society · LSE:NBS
Nationwide Building Society — ESG Presentation (September 2021)
18 slides from Nationwide Building Society's sustainability presentation, September 2021
Slide 1: Nationwide Building Society & the greening of UK homes
Nationwide Building Society & the greening of UK homes Nationwide Investor Webinar September 2021 Please submit your questions in the Q&A box
Slide 2: Agenda
Agenda Our social purpose & mutual difference 3-5 Our mutual good commitments 6-7 Leading the greening of UK homes 9-10 Initiative – reducing our carbon footprint 11-12 Innovation – green proposition development 13-14 Influence – cross-industry collaboration 15 In summary 17
Slide 3: As a mutual, we were founded in 1884 for a social purpose
As a mutual, we were founded in 1884 for a social purpose 3 Being a responsible business is part of our mutual heritage – we’ve been committed to doing business in a way that positively impacts our members, employees, communities and the environment for over 135 years. We’re owned by and run for our
Slide 4: In 2016 we framed our strategy against five cornerstones
In 2016 we framed our strategy against five cornerstones 4 Our five cornerstones underpin our core purpose of ‘building society, nationwide’. Building a National Treasure optimises our mutual heritage and is central to our Responsible Business strategy. Core Purpose: Building society, nationwide Bui
Slide 5: It’s our mutual difference that sets us apart from our peers
It’s our mutual difference that sets us apart from our peers 5 Our decisions are guided by what is important to our members Formed with a strong underlying social purpose, our and we measure our success on the things that matter to focus is not just on providing better value and service for them – g
Slide 6: We are committed to helping build a stronger, kinder, and greener society
We are committed to helping build a stronger, kinder, and greener 6 society We have embedded responsible business within our Society strategy through five Mutual Good Commitments. These commitments are core to our purpose of building society, nationwide. They are linked to the UN’s Sustainable Devel
Slide 7: We have already made significant progress towards our Mutual Good Commitments
We have already made significant progress towards our Mutual Good 7 Commitments We have been working hard to progress the delivery of our Mutual Good Commitments over the past year, and we continue to do more to better ourselves to further to improve our responsible business practices. With the ever
Slide 8: In the 19th century Nationwide helped people build their homes
8 In the 19th century Nationwide helped people build their homes, in the 20th century we helped people buy their homes, and in the 21st century our number one challenge is to help people green their homes
Slide 9: It is our ambition to lead the greening of UK homes
It is our ambition to lead the greening of UK homes 9 The 29m homes in the UK account for 20.8% of the UKs total carbon emissions1. Reducing these emissions and addressing the barriers to retrofit is a cross-industry challenge. To support our ambition we have a Mutual Good We understand the challeng
Slide 10: We assess our climate impact through three lenses
When considering how we will achieve this ambition we assess our climate impact through three lenses Initiative Innovation Influence Taking the initiative to Developing innovative Working cross-industry to reduce our carbon footprint green propositions influence green home policy & effect real chang
Slide 11: We’ve been building upon our strong green foundations since 2012
Initiative We’ve been building upon our strong green foundations since 2012 11 We started our transition to a greener economy a number of years ago. Further enhancements are planned for 2021/2022 and beyond, with a focus on greening UK homes. 2021+ ✓ Solar ✓ Achieved ✓ Started ✓ Formed the ✓ 100% ✓
Slide 12: By signing up to the Net Zero Banking Alliance we are committed to being net zero by 2050
Initiative By signing up to the Net Zero Banking Alliance we are committed to 12 being net zero by 2050 Over the past years we have been sustainably reducing our carbon footprint, achieving carbon neutrality for our business operations in 2020, and we are committed to reducing this further to meet t
Slide 13: We have launched green products to help improve home energy efficiency
We have launched green products to help improve home energy Innovation 13 efficiency Our existing green propositions leverage our £1bn green lending fund to offer the finance needed to improve the energy efficiency of your home. Green Additional Borrowing Green Further Advance Green Reward Mortgage
Slide 14: And we are doing more to increase the number of energy efficient homes in the UK
Innovation And we are doing more to increase the number of energy efficient 14 homes in the UK We’re building 239 EPC A-rated homes on a new sustainable And we’re launching a green retrofit proposition in development in our hometown, Swindon. October, with our partner Switchd. • A £50m not for profi
Slide 15: We are collaborating cross-industry to influence effective change
Influence We are collaborating cross-industry to influence effective change 15 Collective effort is needed to achieve net zero. To reduce home emissions will require a cross-industry collaborative effort, facilitated by government. Nationwide is working with a number of industry experts to influence
Slide 16: Nationwide is committed to being a leader in the greening of UK homes
Nationwide is committed to being a leader in the greening of UK homes, but we can do more, together
Slide 17: Climate change and the greening of UK homes is integral to our strategy and mutual purpose
At Nationwide, climate change and the greening of UK homes is 17 integral to our strategy and mutual purpose Initiative Innovation Influence Taking the initiative to reduce our carbon Developing innovative green propositions Working cross-industry to influence green footprint home policy & effect re
Slide 18: Thank You
Thank You More information on Responsible Business at Nationwide can be found below: ➢ Strategic report 2021 – Annual report & accounts ➢ Climate-related financial disclosures 2021 ➢ Responsible business for mutual good ➢ Oakfield ➢ Future of Home report Contacts: Charlie Wood Head of Financial Risk
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