Tag: Unity Trust Bank

Another record year for Unity Trust Bank as demand for impact-led business banking grows

Stuart Mitchell

Unity Trust Bank has reported another record year of responsible lending and deposits as it supports socially-minded organisations to create positive impact across the UK. In its annual results, Unity’s overall lending grew by 12% to over £1.1 billion (2024: 1 billion) helping customers to improve local communities through access to frontline healthcare, quality housing, employment, support services and supporting green growth. New lending more than doubled in 2025 to over £333 million (2024: £137 million) – an increase of 147%. A record £165 million of new lending (53.7%) went…

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UK universities identify British banks and building societies that do not support fossil fuel expansion

Stuart Mitchell

Seven leading UK financial institutions that do not contribute to financing fossil fuel expansion have been identified as a panel suitable to hold billions in deposits for 83 British higher education institutions. The Co-operative Bank, Coventry Building Society, Handelsbanken, Leeds Building Society, Skipton Building Society, Unity Trust Bank and Yorkshire Building Society have all met the strict fossil fuel-related criteria necessary to be accepted as part of the consortium. The initiative was instigated and co-ordinated by the University of Cambridge Banking Engagement Forum (BEF) alongside collaborators at 81 Higher Education…

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Unity Trust Bank sets the standard with its first impact verification

Stuart Mitchell

Unity Trust Bank has become one of a small number of banks around the globe to be independently assessed as meeting the ‘Operating Principles for Impact Management’ standard. This latest milestone underscores Unity’s commitment to drive positive social change and creates a benchmark for responsible banking in the UK. The ‘Principles’ are globally recognised guidelines for investors to ensure that their money is being used for good and reported in the correct way. Unity’s impact management system was reviewed and verified by The Good Economy, one of the UK’s leading…

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Unity Trust Bank awards £50,000 worth of grants to customers’ social impact projects

Stuart Mitchell

Unity Trust Bank has announced the recipients of its annual £50,000 Impact Grants programme. Nearly 200 grant applications were received this year from Unity customers across a range of sectors in the UK. Ten socially-minded organisations, each receiving £5,000, were chosen by a panel of judges. The successful recipients are: Break The Silence supports people who have been affected by childhood sexual trauma in East and North Ayrshire. Green Futures in Grimsby provides horticultural and craft-based activities to improve health and well-being and increase employability. In Your Space Circus, a…

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Unity Trust Bank launches a £100m green tariff to help customers reduce their carbon footprint

Stuart Mitchell

Unity Trust Bank has launched a new green tariff for loans supporting organisations taking actions to improve energy efficiency and pursue a low carbon future. The tariff is available to new and existing customers and will provide beneficial lending terms to those looking to reduce the environmental footprint of their buildings. It’s also suitable for organisations that have already achieved high levels of energy efficiency. The £100m ringfenced finance is for eligible energy savings and carbon reduction projects such as low carbon heating, improved insulation, small scale renewable energy and…

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