- Supply chain disruptions
- High staff turnover and active migration
- Geopolitics and macroeconomics
- Incompleteness and novelty of data sets and methodologies for financed emissions calculation
TBC Bank Group PLC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, TBC Bank Group PLC disclosed greenhouse gas emissions of 5.5K tCO2e/year (TBC Bank). By scope: Scope 1: 3.4K tCO2e/year; Scope 2: 1.8K tCO2e/year; Scope 3: 2.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
5.5K tCO2e/year (TBC Bank)
2023
Water Usage
66.9K m3/year (TBC Bank)
2023
Waste
125 tons of paper/year (TBC Bank), 1300 kg of plastic/year (TBC Bank)
2023
Energy Use
20.9M kWh/year (TBC Bank)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.5K tCO2e/year (TBC Bank) |
| 2022 | 3.4K tons CO2e (Scope 1) + 1934 tons CO2e (Scope 2) + 778 tons CO2e (Scope 3) |
| 2021 | 5.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased sustainable portfolio by 57% year-on-year to GEL 1.23 billion
- Reduced energy consumption by 3% and CO2 emissions by 6%
- Installed two solar power plants with a total capacity of 130 kW
- Recycled 125 tons of paper and 1300 kg of plastic waste
- Achieved ISO 14001:2015 re-certification for the fourth time
🎯 Climate & Sustainability Targets
🔜 Short-term
- Net-zero greenhouse gas emissions related to direct environmental impact by 2025
📅 Medium-term
- Increase sustainable portfolio to GEL 1.4 billion by 2024
- Increase renewable energy share up to 50% of total electricity consumption in the regions by 2024
🔭 Long-term
- Develop a plan to drive indirect environmental impact to Net Zero
🌱 ESG Focus Areas
Corporate GovernanceEconomic ImpactsEmployee RelationsClients and ServicesPromoting Society Well-beingDirect Environmental FootprintIndirect Social and Environmental Impacts of our Operations