TCF Financial Corporation, commonly known as TCF Bank, is a prominent financial institution headquartered in the United States. Founded in 1923, TCF has established a strong presence in the Midwest, particularly in Michigan, Illinois, and Minnesota, offering a diverse range of banking and financial services. Operating within the banking industry, TCF Financial Corporation provides core products such as personal and business banking, commercial lending, and wealth management. What sets TCF apart is its commitment to customer-centric solutions and innovative digital banking platforms, catering to the evolving needs of its clients. With a focus on community engagement and sustainable practices, TCF has garnered recognition for its strong market position and notable achievements, including various awards for customer service excellence. As a trusted partner in financial growth, TCF Financial Corporation continues to thrive in an ever-changing economic landscape.
How does TCF Financial Corporation'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.
TCF Financial Corporation's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
TCF Financial Corporation, headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is part of a corporate family that includes Huntington Bancshares Incorporated, from which it inherits emissions data and climate initiatives. As of now, TCF Financial Corporation has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific emissions data and reduction initiatives suggests that TCF Financial Corporation may still be in the early stages of developing a comprehensive climate strategy. Given the context of the financial services industry, it is increasingly important for companies like TCF Financial Corporation to adopt robust climate commitments and transparent reporting practices to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 14,341,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 77,722,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,349,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
TCF Financial Corporation's Scope 3 emissions, which decreased by 3% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 80% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
TCF Financial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.