TSB: Sets out pathway to net-zero carbon and commits to science-based targets

  • TSB unveiled its plans to hit net-zero carbon emissions by 2030, a key commitment in its responsible business strategy
  • The bank delivers a net-zero carbon pathway that meets international standards independently validated
  • In 2019 TSB baselined its own carbon emissions and built a comprehensive understanding of the sources of those emissions
  • TSB already buys all its electricity from renewable sources and this change alone resulted in a two-thirds reduction
  • The bank also working to make its branches more energy efficient by reducing energy usage
  • TSB set a target to reduce these emissions permanently from pre-Covid levels by 50% once restrictions are eased
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Global Fintech Investment Rebounds in 2025 with Stronger Exit Activity

The fintech sector sees renewed investment trends fueled by increased exit opportunities.Highlights: Global fintech investment saw a significant...

Quantum Attack Risks Trillions in Costs to US Economy, Warns Citi

Citi highlights the potential financial threat posed by quantum computing advancements.Highlights: Citi warns of potential trillions in costs...

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...