Public Profile

Tonik Digital Bank, Inc.

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 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

Tonik Digital Bank, Inc.'s reported carbon emissions

Tonik Digital Bank, Inc., headquartered in the Philippines, currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined by the bank. This absence of data suggests that Tonik may still be in the early stages of formalising its climate commitments or reporting practices. As the financial sector increasingly prioritises sustainability, it is essential for institutions like Tonik to establish clear emissions reduction strategies and commitments to align with industry standards and contribute to global climate goals.

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. Tonik Digital Bank, Inc. is headquartered in PH, which has a rank of high, indicating high grid carbon 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.

Tonik Digital Bank, Inc. 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.

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

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