Go back
See the steps your company can take towards a more sustainable future through our open resources.
RCI Bank's Climate Report
The SME Reporting Tool
Introduction *
Commitment and Targets *
Own Emissions *
Value Chain Emissions *
(optional)
Climate Solutions *
(optional)
Management, Strategy and Climate Risk *
(optional)
Results, Challenges and Outlook *
Version 1.1.0
Introduction *
1.1 Reporting year
*2023
1.1.1 Reporting period
*from 1.2023 to 12.2023
1.2 Describe your business activities
*Sales Financing
RCI UK supports the Renault Group and its key partner Nissan in the distribution of their new vehicles in the UK by providing financing options to retail and business customers for the purchase of Renault, Dacia, Alpine and Nissan vehicles, mainly through their dealer networks.
Savings Activity (RCI Bank)
In 2015, RCI Bank launched in the UK, with a vision to provide a real alternative for UK savers by offering transparency, simple accounts and great service.
Mobilize Lease & Co UK Limited
In 2023, RCI UK acquired a stake in Select Car Leasing and a new leasing brand was launched. Select Lease by Mobilize operated by Mobilize Lease & Co UK Limited ("MLC," a subsidiary of RCI UK) will offer a full range of multi-brand car and van leasing solutions for private and business customers in the UK fleet market.
1.4 Number of employees in the reporting year
*334
1.4.1 Full-time equivalent (FTE) or headcounts
*Full-time equivalent
1.5 Let us know if your company is a parent company or subsidiary
*Subsidiary
Commitment and Targets *
2.1 Net zero target year
*2040
2.1.1 Base year
*2019
2.2 Near-term target
*50% of absolute scope 1+2 emission reduction from my base year by 2030
2.3 Provide any additional comments or context on your net zero and near term targets.
*Our Net Zero target of 2040 is aligned with that of our parent company.
Own Emissions *
3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action
*Yes
Energy consumption
3.2 Total energy consumption
*575529 kwh
3.3 Renewable energy
*0 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*90.0 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*114.4 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*Scope 1: Mobile combustion
To help employees transition to EV & Hybrid vehicles, we offer free charging at the office, as well as strong discounts on home EV charging infrastructure. In November 2023 following the creation of the 'climate steering group', battery electric vehicle (BEV) options were added to all 'employee car ownership program' (ECOP) and Loan plan lists for a trial period. Since the initiative started, 48 employees signed up. 99% of all ECOP/Loan Plan vehicles are now BEV or hybrid.
Scope 2: Energy usage
The building which we operate already has a range of energy efficiency features, including an air source heat pump and LED lighting. An electricity usage review beginning in 2022 was carried over to 2023, providing valuable insight into our energy usage. In 2023 we installed our first electricity monitoring equipment and software, enabling real time electricity consumption analysis. Starting in 2023, a series of floor closure tests were initiated in the RCI UK building leading to tangible savings.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*RCI Bank UK limited uses Group Carbon footprint calculation procedures, which follow GHG Protocol standards, definitions and guidance. Calculations are completed with primary data where possible. Activity data is multiplied by specific emission factors to provide emission values.
Value Chain Emissions (optional) *
Scope 3 emissions
Supply chain related - upstream emissions
Customer related - downstream emissions
Climate Solutions (optional) *
Management, Strategy and Climate Risk (optional) *
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*Compared to the 2019 base year, our scope 1 emissions are down by 71%, this is largely due lower fugitive emissions.
Scope 2 emissions are down 35% against the 2019 base year.
7.2 Do you face any key challenges in reducing emissions?
*Balancing emission reductions with business growth
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
The Group Methodology has been reviewed by Ecoact.
RCI Bank's Climate Report
RCI Bank's Climate Report - 2023
Introduction *
1.1 Reporting year
*2023
1.1.1 Reporting period
*from 1.2023 to 12.2023
1.2 Describe your business activities
*Sales Financing
RCI UK supports the Renault Group and its key partner Nissan in the distribution of their new vehicles in the UK by providing financing options to retail and business customers for the purchase of Renault, Dacia, Alpine and Nissan vehicles, mainly through their dealer networks.
Savings Activity (RCI Bank)
In 2015, RCI Bank launched in the UK, with a vision to provide a real alternative for UK savers by offering transparency, simple accounts and great service.
Mobilize Lease & Co UK Limited
In 2023, RCI UK acquired a stake in Select Car Leasing and a new leasing brand was launched. Select Lease by Mobilize operated by Mobilize Lease & Co UK Limited ("MLC," a subsidiary of RCI UK) will offer a full range of multi-brand car and van leasing solutions for private and business customers in the UK fleet market.
1.4 Number of employees in the reporting year
*334
1.4.1 Full-time equivalent (FTE) or headcounts
*Full-time equivalent
1.5 Let us know if your company is a parent company or subsidiary
*Subsidiary
Commitment and Targets *
2.1 Net zero target year
*2040
2.1.1 Base year
*2019
2.2 Near-term target
*50% of absolute scope 1+2 emission reduction from my base year by 2030
2.3 Provide any additional comments or context on your net zero and near term targets.
*Our Net Zero target of 2040 is aligned with that of our parent company.
Own Emissions *
3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action
*Yes
Energy consumption
3.2 Total energy consumption
*575529 kwh
3.3 Renewable energy
*0 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*90.0 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*114.4 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*Scope 1: Mobile combustion
To help employees transition to EV & Hybrid vehicles, we offer free charging at the office, as well as strong discounts on home EV charging infrastructure. In November 2023 following the creation of the 'climate steering group', battery electric vehicle (BEV) options were added to all 'employee car ownership program' (ECOP) and Loan plan lists for a trial period. Since the initiative started, 48 employees signed up. 99% of all ECOP/Loan Plan vehicles are now BEV or hybrid.
Scope 2: Energy usage
The building which we operate already has a range of energy efficiency features, including an air source heat pump and LED lighting. An electricity usage review beginning in 2022 was carried over to 2023, providing valuable insight into our energy usage. In 2023 we installed our first electricity monitoring equipment and software, enabling real time electricity consumption analysis. Starting in 2023, a series of floor closure tests were initiated in the RCI UK building leading to tangible savings.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*RCI Bank UK limited uses Group Carbon footprint calculation procedures, which follow GHG Protocol standards, definitions and guidance. Calculations are completed with primary data where possible. Activity data is multiplied by specific emission factors to provide emission values.
Value Chain Emissions (optional) *
Scope 3 emissions
Supply chain related - upstream emissions
Customer related - downstream emissions
Climate Solutions (optional) *
Management, Strategy and Climate Risk (optional) *
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*Compared to the 2019 base year, our scope 1 emissions are down by 71%, this is largely due lower fugitive emissions.
Scope 2 emissions are down 35% against the 2019 base year.
7.2 Do you face any key challenges in reducing emissions?
*Balancing emission reductions with business growth
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
The Group Methodology has been reviewed by Ecoact.
Generating a PDF file. Please wait....
Not sure how to start?
See the steps you can take and get help building a plan to cut your business emissions today.
¿No estás seguro de por dónde empezar?
Revisa los pasos que puedes dar y obtén ayuda para elaborar un plan para reducir las emisiones de tu empresa hoy mismo.
لست متأكداً كيف تبدأ؟
اطلع على الخطوات التي يمكنك اتخاذها واحصل على المساعدة في وضع خطة لخفض انبعاثات شركتك اليوم.
Vous ne savez pas par où commencer ?
Découvrez les mesures que vous pouvez prendre et obtenez de l’aide pour élaborer un plan pour réduire les émissions de votre entreprise dès aujourd’hui.
Ready to commit to lower emissions?
It’s easy to make the commitment. Just complete a form sharing your intent to reduce your emissions.
You’ll earn public recognition for taking the first step.
¿Listo para comprometerte a reducir tus emisiones?
Es fácil comprometerse. Solo tienes que completar un formulario compartiendo tu intención de reducir tus emisiones.
Ganarás reconocimiento público por tomar este primer paso.
هل أنت مستعد للالتزام بتقليل الانبعاثات؟
الالتزام سهل. ما عليك سوى تعبئة نموذج لمشاركة عزمك على تقليل انبعاثاتك.
سوف تحظى باعتراف عام باتخاذك الخطوة الأولى.
Prêt à vous engager pour réduire les émissions ?
S’engager est simple. Il suffit de remplir un formulaire indiquant votre intention de réduire vos émissions.
Vous gagnerez une reconnaissance publique pour avoir fait le premier pas.
Register now to use our tools
Register now to use our tools
Stay updated!
Sign up for our newsletter to stay updated with the latest climate developments.
Log in
Don't have an account? Create account to access our tools or make the SME Climate Commitment
Log in
Don't have an account? Create account to access our tools or make the SME Climate Commitment
Log in
Don't have an account? Create account to access our tools or make the SME Climate Commitment
Forgot password?
Please enter your email address. You will receive a link to create a new password via email.