Tbc
TBC Bank Group PLC, commonly referred to as TBC, is a leading financial institution headquartered in Georgia (GE). Established in 1992, TBC has grown to become a prominent player in the banking sector, primarily serving the Georgian market while also expanding its operations in neighbouring regions. The bank offers a comprehensive range of services, including retail and corporate banking, investment services, and digital banking solutions, distinguished by their innovative approach and customer-centric focus. TBC has achieved significant milestones, such as being listed on the London Stock Exchange, which underscores its robust market position and commitment to transparency. With a strong emphasis on technology and sustainability, TBC continues to set itself apart in the competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Tbc'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
Tbc's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tbc's reported carbon emissions
In 2023, TBC Bank Group, headquartered in Georgia, reported total carbon emissions of approximately 6,103,000 kg CO2e. This figure includes 3,042,000 kg CO2e from Scope 1 emissions, 1,470,000 kg CO2e from Scope 2 emissions, and 1,591,000 kg CO2e from Scope 3 emissions, which encompasses significant contributions from investments and purchased goods and services. In 2022, TBC's total emissions were about 5,170,000 kg CO2e, with Scope 1 emissions at 3,175,000 kg CO2e, Scope 2 at 1,489,000 kg CO2e, and Scope 3 at 506,000 kg CO2e. The trend shows an increase in emissions over the years, with 2021 reporting approximately 4,619,000 kg CO2e, 2020 at 4,600,000 kg CO2e, and 2019 at 4,000,000 kg CO2e. Despite the rising emissions, TBC has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint effectively. The bank's emissions data reflects its operational impact and highlights the importance of integrating sustainability into its business practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,164,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,260,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 144,000 | 000,000 | 00,000 | 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.
Tbc 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.
