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Financial Intermediation
NZ
updated 5 days ago

TSB Bank Limited

Company website

TSB Bank Limited, commonly referred to as TSB, is a prominent financial institution headquartered in New Plymouth, New Zealand. Established in 1850, TSB has a rich history and has evolved into a key player in the banking industry, primarily serving the Taranaki region and beyond. Specialising in personal banking, business banking, and investment services, TSB is known for its customer-centric approach and commitment to community values. The bank offers a range of core products, including home loans, savings accounts, and insurance, distinguished by competitive rates and personalised service. With a strong market position, TSB has garnered recognition for its innovative solutions and dedication to sustainable banking practices, making it a trusted choice for New Zealanders seeking reliable financial services.

DitchCarbon Score

How does TSB Bank Limited'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.

26

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.

30

Industry Benchmark

TSB Bank Limited's score of 26 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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TSB Bank Limited's reported carbon emissions

TSB Bank Limited, headquartered in New Zealand, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of reported figures. The bank has not established documented reduction targets or climate pledges, which suggests a lack of formal commitments to reduce its carbon footprint at this time. It is important to note that TSB Bank Limited is a current subsidiary and may inherit emissions data and climate initiatives from its parent organization. However, no specific details regarding such data or initiatives have been provided. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. TSB Bank Limited's current status indicates a need for further development in its climate strategy and emissions reporting to meet industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. TSB Bank Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 TSB Bank Limited is in NZ, which has a very low 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.

TSB Bank Limited 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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