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 96% 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 reported total carbon emissions of approximately 6,103,000 kg CO2e. This figure includes 3,042,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,470,000 kg CO2e from Scope 2 emissions, related to the generation of purchased electricity. Additionally, Scope 3 emissions, which encompass indirect emissions from the value chain, amounted to 1,591,000 kg CO2e, with significant contributions from purchased goods and services. Comparatively, in 2022, TBC Bank's total emissions were about 5,170,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows 3,175,000 kg CO2e from Scope 1, 1,489,000 kg CO2e from Scope 2, and 506,000 kg CO2e from Scope 3 emissions. Despite the increase in total emissions, TBC Bank has not publicly committed to specific reduction targets or initiatives as part of their climate strategy. The absence of documented reduction targets suggests a need for further development in their climate commitments. Overall, TBC Bank's emissions data highlights the importance of addressing both direct and indirect emissions to align with global climate goals.
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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.
