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.
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.
Industry Benchmark
Personal Life Made More Tsb Bank's score of 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Personal Life Made More Tsb Bank's reported carbon emissions
In 2023, TSB Bank reported total carbon emissions of approximately 1,383,000,000 kg CO2e. This figure encompasses all emissions from its global operations, with specific breakdowns available for Scope 1, 2, and 3 emissions. Notably, the bank's Scope 1 emissions were about 1,410,000 kg CO2e, while Scope 2 emissions accounted for approximately 2,701,000 kg CO2e, and Scope 3 emissions totalled around 1,383,000 kg CO2e. Comparatively, in 2022, TSB Bank's total emissions were about 5,140,000 kg CO2e, indicating a significant increase in emissions year-on-year. The emissions data for the UK specifically showed a total of approximately 925,000,000 kg CO2e in 2022, reflecting the bank's substantial carbon footprint within the region. TSB Bank has faced challenges in establishing clear reduction targets. While there were commitments made in the past, such as near-term targets, these have since been removed or withdrawn. Currently, TSB Bank does not have a net-zero commitment or a defined long-term reduction target. The bank's climate initiatives are influenced by its parent company, TSB Bank plc, which provides the emissions data and performance metrics. Overall, TSB Bank's emissions profile highlights the need for enhanced climate commitments and strategies to effectively manage and reduce its carbon footprint in the coming years.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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
Location emissions 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 not participating in any of the initiatives that 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.
