Paragon Banking Group PLC 2024 Annual Report with Sustainability Disclosures
Company: Paragon Banking Group PLC
Sector: Finance & insurance
Country: United Kingdom
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 352
The report describes Paragon's progress toward its operational and wider net-zero commitments, including a 48.3% reduction in market-based operational footprint emissions against the 2019 baseline and a 91% renewable share of purchased electricity. It also highlights sustainable lending products, the Green Homes Initiative and continued support for customers transitioning to lower-carbon assets. Sustainability governance is supported by a Sustainability Committee, Board-level oversight and a materiality exercise. Operational emissions were independently verified by EcoAct using limited verification procedures aligned with ISO 14064-3: 2019.
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