Thurgauer Kantonalbank

Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
773
Ticker
TKBP
Exchange
SIX SWISS EXCHANGE
Website
www.tkb.ch
Description
Thurgauer Kantonalbank is a prominent cantonal bank operating primarily in the Swiss Canton of Thurgau. It serves as a crucial financial institution offering a wide array of banking services tailored ...

Thurgauer Kantonalbank's Climate Target Data Preview

As of 2024, Thurgauer Kantonalbank has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Thurgauer Kantonalbank ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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c
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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c
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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c
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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c
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Thurgauer Kantonalbank’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Thurgauer Kantonalbank’s data sources below and access millions more through our Disclosure Search.

a. Thurgauer Kantonalbank's GRI Report 2024
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b. Thurgauer Kantonalbank's Climate Change Strategy Report 2024
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c. Thurgauer Kantonalbank's TCFD Report 2024
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Insights into Thurgauer Kantonalbank's Greenhouse Gas Emissions Pathways

As of 2024, Thurgauer Kantonalbank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b c

Does Thurgauer Kantonalbank have a target to reduce the emissions from its operations?

As of 2024, Thurgauer Kantonalbank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. c

Thurgauer Kantonalbank's most ambitious operational target is to reduce these emissions by 100% by 2050, compared to a baseline of 259 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. c

As of 2024, Thurgauer Kantonalbank is ahead of schedule on its operational emissions reduction target, having achieved 18.92% of the planned reduction. c

Thurgauer Kantonalbank's Operational (Scope 1+2) Emissions Pathway

2022202420302050065130195260BaselineCurrent (-19%)Target 2030 (-42%)Target 2050 (-100%)

Does Thurgauer Kantonalbank have a target to reduce the emissions from its value chain?

As of 2024, Thurgauer Kantonalbank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. c

Thurgauer Kantonalbank's most ambitious value chain target is to reduce these emissions by 40.5% by 2030, compared to a baseline of 0.017 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2023. c

Instead of reducing value chain emissions, Thurgauer Kantonalbank has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target. c

Thurgauer Kantonalbank's Value Chain (Scope 3) Emissions Pathway

202320242030000.010.010.02Current (+1%)Target 2030 (-40%)

Does Thurgauer Kantonalbank have a target to reduce its total carbon footprint?

As of 2024, Thurgauer Kantonalbank has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b

Thurgauer Kantonalbank's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 3,140.645 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 35% by 2030. a b

As of 2024, Thurgauer Kantonalbank is ahead of schedule on its total carbon footprint reduction target, having achieved 64.29% of the planned reduction. a b

Thurgauer Kantonalbank's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920242025203008001.6 k2.4 k3.2 kBaselineCurrent (-22%)Target 2030 (-35%)
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