Permanent TSB Group Holdings PLC 2018 AR2
The report highlights Permanent TSB Group Holdings plc's financial and sustainability progress for the fiscal year 2018. The company achieved a significant 70% reduction in non-performing loans (NPLs) through portfolio sales and securitisation, reducing the NPL ratio to 10%. In its sustainability efforts, the bank transitioned to a 100% renewable electricity supply for its operations and signed the Business in the Community Ireland's Low Carbon Pledge, committing to reduce carbon emissions. Additionally, the bank launched its first bank-wide Employee Volunteering Programme, contributing over 1,000 volunteer hours to local communities, and successfully implemented the 'Go Paperless' initiative, saving approximately 885,000 pages of paper annually.
Company: Permanent TSB Group Holdings PLC
Sector: Finance & insurance
Country: Ireland
Year: 2018
Type: AR2
Pages: 232
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Permanent TSB Group Holdings PLC
Annual Report
The report highlights Permanent TSB Group Holdings plc's financial and sustainability progress for the fiscal year 2018. The company achieved a significant 70% reduction in non-performing loans (NPLs) through portfolio sales and securitisation, reducing the NPL ratio to 10%. In its sustainability efforts, the bank transitioned to a 100% renewable electricity supply for its operations and signed the Business in the Community Ireland's Low Carbon Pledge, committing to reduce carbon emissions. Additionally, the bank launched its first bank-wide Employee Volunteering Programme, contributing over 1,000 volunteer hours to local communities, and successfully implemented the 'Go Paperless' initiative, saving approximately 885,000 pages of paper annually.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Feb 25, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Employees