- High share of loans denominated in foreign currencies (47.1% as of 31 December 2022)
- Large individual exposures to single-name borrowers
- Potential slowdown in economic growth in Georgia
- Geopolitical instability in neighboring countries
- Regulatory and enforcement action risk
- Financial sanctions risk
- Liquidity risk
- Potential decline in net interest income or net interest margin
- Growing threat of cyber-attacks
- External and internal fraud risks
JSC TBC Bank
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, JSC TBC Bank disclosed greenhouse gas emissions of 5.2K tCO2e/year. By scope: Scope 1: 3.2K tCO2e/year; Scope 2: 1.5K tCO2e/year; Scope 3: 506 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
5.2K tCO2e/year
2022
📊 Emissions by Scope (2022)
| 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). | 3.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.5K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 506 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 |
|---|---|
| 2022 | 5.2K tCO2e/year |
| 2019-07 to 2020-06 | 184.4K tCO2e/year (182819 after abatement) |
| 2017 | 28.8K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- GEL 750 million sustainable loan portfolio target for 2022 met. Total volume reached GEL 782 million (15.6% growth from 2021)
- Climate-related framework in line with TCFD requirements established
- 98% of Bank employees participated in ESG-related training in 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- Net-Zero GHG emissions related to direct environmental impact by 2025
- GEL 1 billion target for the sustainable loan portfolio in 2023
📅 Medium-term
- Increase sustainable loan portfolio
- Gradual decrease in the share of foreign currency loans
🔭 Long-term
- Net zero emissions (indirect environmental impact) as soon as practicable after 2025
🌱 ESG Focus Areas
Sustainable loan portfolio growthEnhanced governance of ESG and climate-related risks and opportunitiesCustomer awareness, investor confidence and employee diversityScience-based targetsImpact measurement and reporting