Personal Life Made More Tsb Bank
Personal Life Made More TSB Bank, officially known as TSB Bank plc, is a prominent financial institution headquartered in Great Britain. Established in 2013, TSB has quickly positioned itself as a key player in the UK banking sector, focusing on personal and business banking services. With a strong presence across England, Scotland, and Wales, TSB offers a range of products including current accounts, savings accounts, and mortgages, all designed to meet the diverse needs of its customers. What sets TSB apart is its commitment to transparency and customer service, ensuring that clients receive tailored financial solutions. The bank has achieved notable milestones, including a successful rebranding and a focus on community banking, which has enhanced its reputation in the industry. As a trusted name in banking, TSB continues to innovate and adapt, making personal finance more accessible for everyone.
DitchCarbon Score
How does Personal Life Made More Tsb Bank'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
Personal Life Made More Tsb Bank's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Personal Life Made More Tsb Bank's reported carbon emissions
In 2023, TSB Bank reported total carbon emissions of approximately 5,494,000 kg CO2e. This figure includes Scope 1 emissions of about 1,410,000 kg CO2e, Scope 2 emissions of around 2,701,000 kg CO2e, and Scope 3 emissions totalling approximately 1,383,000 kg CO2e. Compared to 2022, where total emissions were about 5,140,000 kg CO2e, TSB Bank has seen an increase in emissions, particularly in Scope 1 and Scope 2 categories. The bank's emissions have fluctuated over the years, with a peak in 2020 at approximately 6,705,000 kg CO2e. Notably, TSB Bank's Scope 3 emissions have decreased from about 925,000 kg CO2e in 2022 to approximately 1,383,000 kg CO2e in 2023, indicating a complex relationship with its operational impacts. TSB Bank has made commitments regarding its climate strategy, although some near-term targets have been removed. As of January 2021, the bank had committed to certain near-term targets, but these commitments have since been withdrawn. Currently, TSB Bank does not have a net-zero target or a specified long-term reduction goal, reflecting a cautious approach to climate commitments within the financial sector. Overall, TSB Bank's emissions data and climate commitments highlight the ongoing challenges faced by financial institutions in managing their carbon footprints while navigating the complexities of climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,010,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,139,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,330,000 | 0,000,000 | 000,000 | 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.
Personal Life Made More Tsb Bank 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.
