NatWest Group sustainability score: 40/100

·Financial Services / Banking·Edinburgh, GB·Founded 1968·Last verified 3 October 2026
40
out of 100
Below expectationsPending Review-7 since last reviewMixed evidence· 12 src

NatWest Group scores 40/100 (Below expectations) on SINK's independent climate assessment — scored from public data only, no company payment can change a number. Last verified October 2026.

That places NatWest Group joint 358th of 809 companies scored, and joint 15th of 46 in Financial Services / Banking.

NatWest has cut operational emissions 66% since 2019 and achieved 100% renewable electricity, but undermined these gains by voluntarily withdrawing SBTi validation in 2025 and weakening oil & gas lending policy in February 2026. Fossil fuel financing rose 31% year-on-year; financed emissions remain the dominant unresolved impact.

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The calculation

How is NatWest Group's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
61 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 61) = 57.7
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.7
Final score
Rounded. Below expectations.
40 / 100
The ten questions

What is NatWest Group doing well, and where does it fall short?

Strongest on Carbon Footprint — Operations and Energy Source (8/10, 8/10). Weakest on Water Impact and Resource Use & Waste (4/10, 4/10).

Where the evidence comes from

What evidence is NatWest Group's score based on?

12 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported
NatWest Group Sustainability Report 2024

“Scope 1 · 0.01 MtCO2e · Natural gas and fuel; Scope 2 (location-based) · 0.05 MtCO2e”

2025
Q1Q2Q3
View →
[2]Third-party verified
NatWest Group EY Sustainability Assurance Statement 2024

“details the scope, approach and controls relating to the sustainability metrics included within EY's 2024 Sustainability Limited and Reasonable Assurance Engagement”

2025
Q1
View →
[3]Self-reported
NatWest Group Sustainability Basis of Reporting 2024

“Nine of these sectors have been included within the scope of EY's assurance”

2025
Q2Q9
View →
[4]Self-reported
NatWest Group Operational Emissions page

“161 suppliers were deemed net-zero-aligned, representing 44% of 2025 supply chain emissions of 0.3 MtCO2e”

Ongoing
Q2Q4Q6
View →
[5]Self-reported
NatWest Group Environment and Climate page

“In 2025 we achieved a 66% reduction in Scope 1 and 2 emissions against the 2019 baseline and a 47% reduction in Scope 3 emissions”

Ongoing
Q3Q8Q9
View →
[6]Self-reported
NatWest Group Sustainability Report Accessible 2025

“We have also achieved our energy productivity (EP100), electric vehicles (EV100) and renewable energy (RE100) commitments”

2025
Q4
View →
[7]Self-reported
NatWest Group Deforestation and Land Use page

“Deforestation risk-related commodities requiring certification under our FFA E&S RAC include raw wood/timber, lumber, pulp and paper, natural rubber and latex, palm oil, soy, cocoa, coffee, leather and beef”

Ongoing
Q5
View →
[8]Third-party verified
BankTrack Nature and Biodiversity Statement

“NatWest Group is helping to drive collective action on nature and biodiversity through number of exploratory collaborative groups including but not limited to: The Taskforce on Nature-Related Financial Disclosures (TNFD)”

Unknown
Q5
View →
[9]Self-reported
NatWest Group Biodiversity and Climate Change page

“we recognise that our approach to nature-related risk is not as mature as our approach to climate-related risk”

Ongoing
Q5
View →
[10]Third-party verified
BankTrack — NatWest

“NatWest provided $9.6 bn in financing to the fossil fuel industry between 2021 and 2024. In 2024 only, NatWest provided $2.7 bn, including $1.3 bn for oil, gas and coal companies expanding fossil fuels”

Ongoing
Q10
View →
[11]Public record
The Bureau of Investigative Journalism & Channel 4 News — Greenwashing Banks

“NatWest, for one, helped BP raise almost $500m last year in an apparent breach of its climate commitments”

2024
Q10
View →
[12]Third-party verified
InfluenceMap — NatWest Group Climate Policy Engagement

“NatWest Group appears to be actively engaged on climate policy in the UK, taking supportive positions on both climate-related financial policies and policies impacting the real economy”

Unknown
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

NatWest Group in context

How does NatWest Group compare with other financial services / banking companies?

Where NatWest Group sits among financial services / banking peers.

Among the 46 major financial services / banking brands we've scored, NatWest Group is tied =15th of 46, with 2 others.

=15/46
NatWest Group's rank
38
Industry average
23
Industry low
65
Industry high
How this score has moved

Has NatWest Group's score changed?

NatWest Group's score has moved from 47 to 40 across 3 recorded reviews — down 7 points.

0255075100478 February 2026403 October 20264014 October 2026
  1. 40 → 4014 October 2026

    Founded-year rule, score unchanged. founded 2000 -> 1968: Companies House SC045551 NATWEST GROUP PLC, incorporated 1968-03-25 as National and Commercial Banking Group Limited (renamed The Royal Bank of Scotland Group 1979, NatWest Group plc 2020; https://find-and-update.company-information.service.gov.uk/company/SC045551). Roots 1727 confirmed on NatWest Group's heritage hub, "Founding charter, 1727" (https://www.natwestgroup.com/heritage/history-100/objects-by-theme/turning-points/founding-charter-1727.html).

  2. 47 → 40-73 October 2026

    Aggregator-citation sweep: broker citations replaced with the primary disclosures they mirror, re-scored through the guarded pipeline under pinned code 9196601.

  3. Scored 478 February 2026

    Initial score at platform launch

What's being contested

Has NatWest Group's score been challenged?

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About NatWest Group

NatWest Group is a UK-based retail and commercial bank headquartered in Edinburgh. The current company was incorporated in 1968, and its roots go back to 1727, when the Royal Bank of Scotland was founded. It operates across personal finance, business banking, and investment services across the UK and Republic of Ireland, serving millions of retail and corporate customers. A major player in UK deposit-taking and lending.

Founded
1968
Headquarters
Edinburgh, GB
Employees
~62,100
Annual revenue
~£14.6B
Company website ↗
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