Permanent TSB Group Holdings PLC 2020 AR2
The report highlights Permanent TSB's performance and strategic progress during 2020, a year marked by the COVID-19 pandemic. The company introduced its new purpose to build trust with customers and launched a new ambition to become Ireland's best personal and small business bank. Key achievements include a 10% reduction in carbon emission intensity, achieving the Business Working Responsibly Mark, and investing approximately ’700,000 in Irish community organisations. Despite recording a total loss after tax of ’162 million due to higher impairment charges, the bank maintained strong capital and liquidity positions, with a transitional CET1 ratio of 18.1%.
Company: Permanent TSB Group Holdings PLC
Sector: Finance & insurance
Country: Ireland
Year: 2020
Type: AR2
Pages: 264
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Permanent TSB Group Holdings PLC
Annual Report
The report highlights Permanent TSB's performance and strategic progress during 2020, a year marked by the COVID-19 pandemic. The company introduced its new purpose to build trust with customers and launched a new ambition to become Ireland's best personal and small business bank. Key achievements include a 10% reduction in carbon emission intensity, achieving the Business Working Responsibly Mark, and investing approximately ’700,000 in Irish community organisations. Despite recording a total loss after tax of ’162 million due to higher impairment charges, the bank maintained strong capital and liquidity positions, with a transitional CET1 ratio of 18.1%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Employees