Tbc
TBC Bank Group PLC, commonly referred to as TBC, is a leading financial institution headquartered in Georgia (GE). Established in 1992, TBC has grown to become a prominent player in the banking sector, primarily serving the Georgian market while also expanding its operations in neighbouring regions. The bank offers a comprehensive range of services, including retail and corporate banking, investment services, and digital banking solutions, distinguished by their innovative approach and customer-centric focus. TBC has achieved significant milestones, such as being listed on the London Stock Exchange, which underscores its robust market position and commitment to transparency. With a strong emphasis on technology and sustainability, TBC continues to set itself apart in the competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Tbc'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
Tbc's score of 63 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tbc's reported carbon emissions
In 2024, TBC Bank reported total carbon emissions of approximately 3,534,000 kg CO2e, comprising 1,861,000 kg CO2e from Scope 1, 1,787,000 kg CO2e from Scope 2, and 1,120,000 kg CO2e from Scope 3 emissions. This marked a reduction from 2023, where total emissions were about 4,630,000 kg CO2e, with Scope 1 at 1,834,000 kg CO2e, Scope 2 at 1,809,000 kg CO2e, and Scope 3 at 1,120,000 kg CO2e. TBC Bank has set ambitious climate commitments, aiming for net-zero direct environmental impact by 2030. The bank's ESG strategy includes specific targets for reducing greenhouse gas emissions in both Scope 1 and Scope 2 from 2023 to 2030, aligning with the Paris Agreement. Additionally, TBC Bank previously aimed to reduce total emissions by 5% in 2020 through initiatives such as increasing staff awareness and enhancing energy efficiency. Overall, TBC Bank's commitment to sustainability is evident in its ongoing efforts to monitor and reduce its carbon footprint while striving for significant long-term reductions in greenhouse gas emissions.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,474,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,206,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 321,000 | - | 000,000 | 000,000 | 00,000 | 0,000,000 | 0,000,000 | 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.
Tbc 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.
