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.
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.
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.
Tbc's score of 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. Over the years, TBC has shown a commitment to monitoring and reporting its emissions, with data available from 2019 to 2023. In 2022, the total emissions were about 5,170,000 kg CO2e, indicating a rise in emissions in 2023. The bank has not disclosed specific reduction targets or initiatives, nor has it committed to the Science Based Targets initiative (SBTi) for emissions reduction. TBC Bank's emissions data reflects its operational impact and highlights the need for ongoing efforts in sustainability and climate responsibility. The absence of defined reduction targets suggests an opportunity for the bank to enhance its climate commitments and align with industry standards for emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to any 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.