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TSB Bank·Financial Services / Banking·Edinburgh, United Kingdom·Founded 2013·Last verified 25 April 2026
41
out of 100
Below expectationsPending Review

TSB has achieved meaningful operational carbon cuts through renewable electricity switching but lacks quantified financed emissions disclosure for its £36B lending book. Critical gaps: no validated science-based targets (SBTi commitment unvalidated after 4+ years), no biodiversity strategy, and minimal transparency on supply chain emissions. A 2024 FCA fine for customer harm compounds the weak sustainability posture.

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
40 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 40) = 43.0
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.95
Final score
Rounded. Below expectations.
41 / 100
The ten questions

Where TSB Bank is strong, and where it isn't.

Strongest on Energy Source and Controversies & Red Flags (6/10, 6/10). Weakest on Nature & Biodiversity Impact and Targets & Commitments (2/10, 3/10).

Where the evidence comes from

Every document used, listed.

5 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported
TSB Bank Annual Report and Accounts 2024
2024
Q1Q2Q3Q8Q9
View →
[2]Self-reported
TSB Sets Out Pathway to Net Zero Carbon and Commits to Science-Based Targets
2021
Q1Q2Q4Q5Q8
View →
[3]Public record
tsb.co.uk — tsb bank announces 2025 Q1 results
Unknown
Q3Q6
View →
[4]Third-party verified
TSB Uses Adobe Sign for the Good of the Customer and the Planet
2021
Q6Q7
View →
[5]Public record
Key Findings from the FCA Fine
2024
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

TSB Bank in context

Where TSB Bank sits among financial services / banking peers.

Among the 27 major financial services / banking brands we've scored, TSB Bank sits 10th of 27.

10/27
TSB Bank's rank
40
Industry average
23
Industry low
65
Industry high
How this score has moved

TSB Bank's score over time.

today

Score history begins 6 April 2026.

As TSB Bank's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About TSB Bank

TSB Bank is a UK retail bank founded in 2013, headquartered in London. It operates a branch network and digital banking services for UK consumers, with no investment banking or corporate lending divisions. TSB holds approximately £36B in customer lending, primarily residential mortgages. It is the 5th-largest mortgage lender in the UK by market share.

Founded
2013
Headquarters
Edinburgh, United Kingdom
Employees
~4,900
Annual revenue
~£1.1B
Company website ↗
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