Brief Overview of Organisation

Yorkshire Building Society has assets of £52.7 billion and nearly 3 million customers. Chelsea Building Society and Norwich & Peterborough Building Society are also part of Yorkshire Building Society. Its subsidiary companies include Accord Mortgages Limited.

As a mutual organisation, the Society’s purpose is Helping Real Life Happen. This means delivering three central ambitions: helping people to have a place to call home; helping them towards greater financial wellbeing and creating long-term value for members.

Summary of Sustainability Strategy

In 2022, YBS launched its first ESG Strategy, providing a framework for us to drive change and enhance our approach to operating as a responsible business. The strategy was developed through extensive stakeholder engagement, capturing their opinions on ESG issues they were most concerned about. The outcome identified three further priorities on top of purpose priorities – the final six priorities being:

  • Place to Call Home
  • Financial Wellbeing
  • Member Value
  • Investing in Our People
  • Building a Greener Society
  • Operating Responsibly

The strategy is supported by the newly created ESG Committee, a sub-committee of the Executive Committee.