Tsb Bank Plc 2021 AR2
The report highlights TSB Banking Group plc's financial and operational progress in 2021, emphasizing its transition to a simpler, more resilient bank. Under its responsible business strategy, the 'Do What Matters Plan,' the company committed to achieving operational net-zero carbon emissions by 2030 and aligning its lending portfolio with net-zero emissions by 2050 as a member of the Net-Zero Banking Alliance. TSB reduced its Scope 1 and 2 market-based emissions by 74% compared to its 2019 baseline, driven by estate reduction, paperless processes, and procuring 100% REGO-certified electricity. Additionally, the bank launched green mortgage products, increased senior roles held by women to 41%, and supported local communities through charity partnerships and domestic abuse safe spaces.
Company: Tsb Bank Plc
Year: 2021
Type: AR2
Pages: 90
Tsb Bank Plc
Annual Report And Accounts
The report highlights TSB Banking Group plc's financial and operational progress in 2021, emphasizing its transition to a simpler, more resilient bank. Under its responsible business strategy, the 'Do What Matters Plan,' the company committed to achieving operational net-zero carbon emissions by 2030 and aligning its lending portfolio with net-zero emissions by 2050 as a member of the Net-Zero Banking Alliance. TSB reduced its Scope 1 and 2 market-based emissions by 74% compared to its 2019 baseline, driven by estate reduction, paperless processes, and procuring 100% REGO-certified electricity. Additionally, the bank launched green mortgage products, increased senior roles held by women to 41%, and supported local communities through charity partnerships and domestic abuse safe spaces.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees