Skipton Building Society

United Kingdom
Europe

https://www.skipton.co.uk/

Industry:Banking
Date joined:8 November, 2021
Initiatives:Principles for Responsible Banking

Brief Overview of Organization

Skipton Building Society is the UK’s fourth largest building society, with over one million customers and a national presence represented by its network of 88 branches. Skipton Building Society offers mortgages, savings and restricted financial advise. Skipton Building Society heads the Skipton Building Group, whose subsidiary companies include Skipton International Limited and significant interests in estate agency and related businesses through the Connells group.

Skipton Building Society was named Best National Building Society for the eighth year running in the 2021 What Mortgage Awards. In 2021 Skipton Building Society was placed the 7th in The Sunday Times 25 Best Companies to work for and was awarded  a 3-star accreditation from Best Companies. In 2020 Skipton Building Society retained its investors In People(IP) Platinum accreditation  for the third time running, and is part of the elite 0.5% of organizations which achieve platinum status.

Skipton Building Society is still based in the pretty market town whose name it shares since it was established in 1853 and as a mutual, it doesn’t have shareholders to answer to. This means Skipton Building Society can make decisions based on the long-term best interest of its customers, both current and future and that includes  being a good and sustainable corporate citizen.

Summary of Sustainability Strategy

In 2018, Skipton Building Society  launched a sustainability strategy aligned to the Sustainable Development Goals (SDGs). The SDGs have given Skipton Building Society  the opportunity to contribute to the ambition of achieving prosperity for everybody, while protecting the planet  for future generations. This means doing the right thing for its colleagues and customers in the communities it serves together and contributing more to the planet than we take. Skipton Building Society  identified four goals that have the greatest impact ands supports its strategy and vision to build a more sustainable society.

Skipton Building Society continues to embrace sustainability in all forms  and stays true to its mutual ethos, which are:

  • Social sustainable – recognizing the social issues of both today and the future.
  • Financial sustainable – operating in a financially sustainable and fair way for its members.
  • Environmentally sustainable – understanding the society must do no environment harm that impacts its members and wider society, now and for future generations.