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

Revolut Launches Platform to Streamline Overseas Talent Hiring

Revolut's new service aims to simplify global recruitment for businesses.Highlights: Revolut launches a platform for hiring overseas talent.The...

Revolut Strengthens Business Recruitment Platform in New Markets

The fintech giant expands its offerings targeting recruitment needs globally.Highlights: Revolut enhances its platform for business recruitment.The expansion...

UniCredit Selects Slate to Strengthen Retail Investment Services

The partnership aims to enhance digital investment options for customers.Highlights: UniCredit partners with Slate for enhanced retail investment...

Derek White Launches Primitive AI Agent Operating System to Transform Banking

The new system aims to enhance operational efficiency in financial services.Highlights: Derek White unveils Primitive, an AI agent...