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Public Profile
Business Services
PH
updated 5 months ago

Tonik Digital Bank, Inc.

Company website

Tonik Digital Bank, Inc., a pioneering financial institution based in the Philippines, is redefining the banking landscape with its innovative digital solutions. Founded in 2020, Tonik has quickly established itself as a leader in the digital banking sector, focusing on providing seamless banking experiences to its customers across the country. Headquartered in Metro Manila, Tonik operates primarily in the Philippines, offering a range of core products and services, including savings accounts, loans, and digital wallets. What sets Tonik apart is its commitment to user-friendly technology and competitive interest rates, catering to the evolving needs of the modern consumer. With significant milestones such as being the first digital-only bank in the Philippines, Tonik continues to enhance its market position, striving to deliver exceptional financial services that empower individuals and businesses alike.

DitchCarbon Score

How does Tonik Digital Bank, Inc.'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.

17

Industry Average

Mean score of companies in the Business Services 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.

25

Industry Benchmark

Tonik Digital Bank, Inc.'s score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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Tonik Digital Bank, Inc.'s reported carbon emissions

Tonik Digital Bank, Inc., headquartered in the Philippines, currently does not have any reported carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a financial institution, Tonik Digital Bank operates in an industry where climate commitments are increasingly important. However, without specific emissions data or reduction initiatives, it is unclear how the bank is addressing its environmental impact. In the context of the broader financial sector, many organisations are setting science-based targets and committing to sustainability initiatives. Tonik Digital Bank may consider aligning with these industry standards to enhance its climate strategy in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tonik Digital Bank, Inc.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Tonik Digital Bank, Inc. is in PH, which has a high grid carbon intensity relative to other regions.

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.

Tonik Digital Bank, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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