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How the lockdown affected the UK’s carbon emissions

 
As part of our commitment to #FinancingAGreenFuture, we've worked with The Carbon Trust to better understand how customer spending activity during the lockdown affected the UK's carbon emissions.

They analysed our consumer spending data across six key spending areas: food and drink, fuel, commuting, airlines, electrical stores and clothing stores.

Carbon emissions


Carbon emissions
fell by 4.3 million tonnes of carbon dioxide equivalent (CO2e) over the height of the national lockdown – a drop of 27% compared to the same period in 2019*.


*The analysis looked at the carbon equivalent of six key spending areas that demonstrate a snapshot of changing consumer behaviour: food and drink, fuel, commuting, airlines, electrical stores and clothing stores.

Lowering emissions


Carbon emissions from the six key
spending areas reviewed were14% lowerthan they were by the same time last year, nearing the yearly carbon emissions of the entire city of Nottingham.**

The yearly emissions of Nottingham are 5.3 Mt CO2 as according to the Global Gridded Model of Carbon Footprints.