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 GHG Emissions Data Preview

In 2024, Thurgauer Kantonalbank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Thurgauer Kantonalbank has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Thurgauer Kantonalbank’s Greenhouse Gas (GHG) Emissions 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 TCFD Report 2024
a. Thurgauer Kantonalbank's TCFD Report 2024

Insights into Thurgauer Kantonalbank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Thurgauer Kantonalbank amounted to 998 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Thurgauer Kantonalbank decreased by 2.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Thurgauer Kantonalbank's Scope 1 Emissions Over Time

202020212022202320240150300450600tCO2e-4%-32%+9%-26%
  • Total Scope 1
  • Year-over-Year Change

What are Thurgauer Kantonalbank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Thurgauer Kantonalbank were 210 metric tons of CO₂ equivalent (tCO₂e). a

Has Thurgauer Kantonalbank reduced its Scope 1 emissions over time?

Since 2020, Thurgauer Kantonalbank's Scope 1 emissions have decreased by 47.63%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Thurgauer Kantonalbank's Scope 1 emissions decreased by 25.8%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Thurgauer Kantonalbank's Scope 2 emissions?

In 2024, Thurgauer Kantonalbank reported Scope 2 greenhouse gas (GHG) emissions of 788 tCO₂e without specifying the calculation method. a

Has Thurgauer Kantonalbank reduced its Scope 2 emissions over time?

Since 2020, Thurgauer Kantonalbank's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 12.09%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Thurgauer Kantonalbank's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Thurgauer Kantonalbank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Thurgauer Kantonalbank use for Scope 2 reporting?

In 2024, Thurgauer Kantonalbank reported its Scope 2 emissions using an unspecified methodology. a

Thurgauer Kantonalbank's Scope 2 Emissions Over Time

202020212022202320240200400600800tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Thurgauer Kantonalbank's Value Chain Emissions

In 2024, Thurgauer Kantonalbank reported 470,054 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Thurgauer Kantonalbank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Thurgauer Kantonalbank's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e-20%+453%+1148%+257%
  • Total Scope 3
  • Year-over-Year Change

What are Thurgauer Kantonalbank's Scope 3 emissions?

In 2024, Thurgauer Kantonalbank reported total Scope 3 emissions of 470,054 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Thurgauer Kantonalbank reduced its Scope 3 emissions over time?

Since 2020, Thurgauer Kantonalbank's Scope 3 emissions have increased by 19,600.5%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Thurgauer Kantonalbank's Scope 3 emissions increased by 257.11%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Thurgauer Kantonalbank disclose?

In 2024, Thurgauer Kantonalbank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Thurgauer Kantonalbank's Scope 3 emissions?

In 2024, the largest contributors to Thurgauer Kantonalbank's Scope 3 emissions were: a

  • Investments (Cat. 15): 460,214 tCO₂e (100%)

Thurgauer Kantonalbank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into Thurgauer Kantonalbank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Thurgauer Kantonalbank reported Scope 1 greenhouse gas (GHG) emissions of 210 tCO₂e and total revenues of USD 477 millions. This translates into an emissions intensity of 0.44 tCO₂e per millions USD. a

Thurgauer Kantonalbank's Scope 1 Emissions Intensity Compared to Peers

2202005,00050,000Scope 1 Emissions (tCO2e)502002,00020,000100,000Revenues (Millions of USD)Cembra Money BankYear: 2024Scope 1: 163 tCO2eRevenue: $M 608Scope 1 Intensity: 0.27 tCO2e/$MBanque Cantonale VaudoiseYear: 2024Scope 1: 1,211 tCO2eRevenue: $M 1,259Scope 1 Intensity: 0.96 tCO2e/$MLuzerner KantonalbankYear: 2024Scope 1: 476 tCO2eRevenue: $M 778Scope 1 Intensity: 0.61 tCO2e/$MZuger KantonalbankYear: 2024Scope 1: 124 tCO2eRevenue: $M 357Scope 1 Intensity: 0.35 tCO2e/$MCompagnie Financiere TraditionYear: 2023Scope 1: 367 tCO2eRevenue: $M 1,168Scope 1 Intensity: 0.31 tCO2e/$MPartners Group HoldingYear: 2024Scope 1: 467 tCO2eRevenue: $M 2,229Scope 1 Intensity: 0.21 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 15,936Scope 1 Intensity: 0.37 tCO2e/$MSwiss ReYear: 2024Scope 1: 1,728 tCO2eRevenue: $M 7,033Scope 1 Intensity: 0.25 tCO2e/$MBasler KantonalbankYear: 2024Scope 1: 286 tCO2eRevenue: $M 728Scope 1 Intensity: 0.39 tCO2e/$MJulius Baer GruppeYear: 2024Scope 1: 2,044 tCO2eRevenue: $M 4,303Scope 1 Intensity: 0.48 tCO2e/$MBanque Cantonale du ValaisYear: 2023Scope 1: 259 tCO2eRevenue: $M 343Scope 1 Intensity: 0.76 tCO2e/$MBerner KantonalbankYear: 2024Scope 1: 570 tCO2eRevenue: $M 621Scope 1 Intensity: 0.92 tCO2e/$MValiant HoldingYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 612Scope 1 Intensity: 1.69 tCO2e/$MGraubuendner KantonalbankYear: 2024Scope 1: 187 tCO2eRevenue: $M 564Scope 1 Intensity: 0.33 tCO2e/$MUBS GroupYear: 2024Scope 1: 18,168 tCO2eRevenue: $M 36,563Scope 1 Intensity: 0.50 tCO2e/$MSt Galler KantonalbankYear: 2024Scope 1: 273 tCO2eRevenue: $M 619Scope 1 Intensity: 0.44 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MBanque Cantonale de GeneveYear: 2023Scope 1: 282 tCO2eRevenue: $M 712Scope 1 Intensity: 0.40 tCO2e/$MHelvetia HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$MChubbYear: 2023Scope 1: 23,017 tCO2eRevenue: $M 49,831Scope 1 Intensity: 0.46 tCO2e/$MLeonteqYear: 2024Scope 1: 2 tCO2eRevenue: $M 236Scope 1 Intensity: 0.01 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$M

How does Thurgauer Kantonalbank's GHG emissions intensity compare to its peers?

In 2024, Thurgauer Kantonalbank reported a Scope 1 emissions intensity of 0.44 tCO₂e per millions USD. Compared to the peer group median of 0.41 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Thurgauer Kantonalbank rank on GHG emissions intensity within its industry?

In 2024, Thurgauer Kantonalbank ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Thurgauer Kantonalbank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Thurgauer Kantonalbank's Total Carbon Footprint

In 2024, Thurgauer Kantonalbank reported a total carbon footprint of 471,052 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 255.09% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Thurgauer Kantonalbank's total carbon footprint was Scope 3 emissions, accounting for 99.79% of the company's total carbon footprint, followed by Scope 2 emissions at 0.17%. a

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