Sunday, April 20, 2025
7.1 C
London
HomeBankingTSB: Sets out pathway to net-zero carbon and commits to science-based targets

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

Date:

SSV Smart Pay Secures $5 Million Funding to Drive Fintech Innovation

Achieving a $30 million valuation, SSV Smart Pay sets...

Trulioo Partners with PingPong Payments to Revolutionize Cross-Border Transactions

Enhancing global payment solutions with advanced business verification and...

Luma Secures $63M Series C Funding to Transform Structured Finance

Big banks back Luma's innovative platform for alternative investments...
  • 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

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories