What happened?
TCC has joined the SME Climate Hub community and signed the SME Climate Commitment, pledging to take action to lower its environmental impact, including halving its emissions by 2030 in line with the United Nations’ Race to Zero campaign.
The SME Climate Hub is a non-profit global organisation that supports small and medium-sized businesses in taking steps to reduce their environmental impact, manage resources more efficiently and work towards net zero. The initiative was originally developed through a collaboration between the We Mean Business Coalition, the Exponential Roadmap Initiative and the Race to Zero campaign, with support from Normative and the Net Zero team at Oxford University.
TCC is also a member of the UK’s Business Climate Leaders campaign.
Why does it matter?
The commitment sets a public benchmark, halving emissions by 2030, against which TCC’s own environmental progress can be tracked. For clients and partners considering supplier due diligence that includes environmental criteria, this provides a reference point for TCC’s stated sustainability commitments.
Who is affected?
The announcement is most relevant to clients, partners and prospective employees who factor environmental and sustainability commitments into their assessment of suppliers or employers.
Actions to take
- Continue working towards the 2030 target of halving emissions.
- Share annual progress updates on environmental performance, as committed to under the initiative.
Wider implications
The commitment reflects a broader trend of professional and financial services firms adopting externally recognised climate frameworks, rather than making standalone environmental claims, providing a consistent basis for comparison across organisations.
Recommendations
Firms considering their own environmental commitments may wish to review established frameworks such as the SME Climate Hub, which provide a recognised structure for setting and reporting emissions targets rather than developing bespoke commitments in isolation.
Supporting sources
Frequently asked questions
What has TCC committed to?
TCC has signed the SME Climate Commitment, pledging to halve its emissions by 2030 in line with the United Nations’ Race to Zero campaign.
What is the SME Climate Hub?
It is a non-profit global organisation that helps small and medium-sized businesses reduce their environmental impact and work towards net zero.
Is TCC involved in any other climate initiatives?
Yes, TCC is also a member of the UK’s Business Climate Leaders campaign.
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- BankingTCC helps retail banks, challenger banks, building societies and specialist banking providers strengthen governance, manage financial crime risk and demonstrate good customer outcomes. Our specialists support Consumer Duty, remediation, regulatory transformation, FCA intervention and compliance assurance programmes through advisory, managed services, specialist resourcing and technology-enabled compliance. With more than 25 years of experience supporting FCA-regulated firms, we help banks respond confidently to regulatory scrutiny while strengthening operational resilience and customer trust.
- General Insurance & ProtectionTCC helps insurers, brokers, MGAs and protection providers evidence fair value, strengthen customer outcomes and identify emerging customer harm. We assess product governance, claims performance, distribution oversight and vulnerability risks, helping firms create regulator-ready evidence, improve operational performance and demonstrate that products and services deliver value throughout the customer lifecycle.
- Lending & Consumer CreditTCC helps consumer credit firms evidence good outcomes, strengthen affordability and vulnerability frameworks, and manage complaints, remediation and regulatory risk. We support lenders with practical, regulator-ready compliance programmes that improve governance, customer treatment and operational resilience.
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