Public Profile

Personal Life Made More Tsb Bank

Personal Life Made More TSB Bank, officially known as TSB Bank plc, is a prominent financial institution headquartered in Great Britain. Established in 2013, TSB has quickly positioned itself as a key player in the UK banking sector, focusing on personal and business banking services. With a strong presence across England, Scotland, and Wales, TSB offers a range of products including current accounts, savings accounts, and mortgages, all designed to meet the diverse needs of its customers. What sets TSB apart is its commitment to transparency and customer service, ensuring that clients receive tailored financial solutions. The bank has achieved notable milestones, including a successful rebranding and a focus on community banking, which has enhanced its reputation in the industry. As a trusted name in banking, TSB continues to innovate and adapt, making personal finance more accessible for everyone.

DitchCarbon Score

How does Personal Life Made More Tsb Bank'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.

19

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

Personal Life Made More Tsb Bank's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Personal Life Made More Tsb Bank's reported carbon emissions

In 2023, TSB Bank reported total carbon emissions of approximately 5,494,000 kg CO2e. This figure includes 1,410,000 kg CO2e from Scope 1 emissions, 2,701,000 kg CO2e from Scope 2, and 1,383,000 kg CO2e from Scope 3. Over the past five years, TSB Bank has made significant strides in reducing its carbon footprint, with total emissions decreasing from about 9,367,000 kg CO2e in 2019 to the latest figure in 2023. The bank's emissions have consistently declined, with notable reductions from 6,705,000 kg CO2e in 2020 and 5,977,000 kg CO2e in 2021, to 5,140,000 kg CO2e in 2022. This demonstrates a commitment to sustainability and climate action within the financial sector. TSB Bank has committed to near-term reduction targets, although it has not yet established a net-zero target. The bank is actively working on its climate commitments and is expected to submit specific reduction targets by July 31, 2023, as part of its compliance with the Commitment Compliance Policy. This proactive approach reflects TSB Bank's dedication to addressing climate change and reducing its environmental impact.

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Add to project
20192020202120222023
Scope 1
3,010,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
7,139,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
3,330,000
0,000,000
000,000
000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Personal Life Made More Tsb Bank'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. Personal Life Made More Tsb Bank is headquartered in GB, 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.

Personal Life Made More Tsb Bank 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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers