Public Profile

Permanent tsb Group

Permanent tsb Group, headquartered in Ireland (IE), is a prominent financial services provider established in 1884. With a strong presence across the Republic of Ireland, the company operates primarily in the banking sector, offering a range of services including personal banking, mortgages, and business banking solutions. Renowned for its customer-centric approach, Permanent tsb distinguishes itself through innovative digital banking services and tailored financial products designed to meet the diverse needs of its clients. The group has achieved significant milestones, including a successful rebranding and a focus on sustainable banking practices. As a key player in the Irish banking landscape, Permanent tsb Group continues to enhance its market position, striving for excellence in customer service and financial solutions.

DitchCarbon Score

How does Permanent tsb Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

21

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

13

Industry Benchmark

Permanent tsb Group's score of 21 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Permanent tsb Group's reported carbon emissions

In 2023, Permanent TSB Group reported total carbon emissions of approximately 344,876,000 kg CO2e. This figure includes 841,000 kg CO2e from Scope 1 emissions, 2,217,000 kg CO2e from Scope 2 emissions (location-based), and a significant 342,035,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from investments (about 314,081,000 kg CO2e) and employee commuting (approximately 5,840,000 kg CO2e). Comparatively, in 2022, the Group's total emissions were about 234,000,000 kg CO2e, indicating an increase in emissions year-on-year. The 2022 figures included 1,188,000 kg CO2e from Scope 1, 2,502,000 kg CO2e from Scope 2 (location-based), and 230,682,000 kg CO2e from Scope 3. Permanent TSB Group has committed to near-term carbon reduction targets, although specific numerical targets have not been disclosed. The organisation is not currently committed to a net-zero target. As a financial institution based in Ireland, it operates within the banking and diverse financial services sector, which is increasingly focusing on sustainability and climate action.

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20222023
Scope 1
1,188,000
000,000
Scope 2
-
-
Scope 3
230,682,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Permanent tsb Group's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Permanent tsb Group is headquartered in IE, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Permanent tsb Group is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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