Banca Transilvania
Banca Transilvania, often referred to as BT, is a leading financial institution headquartered in Cluj-Napoca, Romania. Established in 1993, the bank has grown significantly, becoming a key player in the Romanian banking sector, with a strong presence in major operational regions across the country. Specialising in retail and corporate banking, Banca Transilvania offers a diverse range of products and services, including personal loans, business financing, and investment solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive market. Recognised for its robust growth and customer satisfaction, Banca Transilvania has achieved notable milestones, including being one of the largest banks in Romania by assets. With a focus on digital transformation, BT continues to enhance its offerings, ensuring it meets the evolving needs of its clients.
DitchCarbon Score
How does Banca Transilvania's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banca Transilvania's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banca Transilvania's reported carbon emissions
In 2024, Banca Transilvania reported total carbon emissions of approximately 55,315,350 kg CO2e. This includes Scope 1 emissions of about 7,643,980 kg CO2e, primarily from mobile combustion (3,787,740 kg CO2e), stationary combustion (3,411,540 kg CO2e), and fugitive emissions (444,700 kg CO2e). Scope 2 emissions totalled around 4,554,890 kg CO2e, with purchased electricity accounting for 4,169,780 kg CO2e. The bank's Scope 3 emissions were significant, reaching approximately 45,895,740 kg CO2e, largely driven by purchased goods and services (38,888,550 kg CO2e). In 2023, Banca Transilvania's total emissions were about 41,525,580 kg CO2e, with Scope 1 emissions at 6,869,300 kg CO2e and Scope 2 emissions at 5,891,600 kg CO2e. The Scope 3 emissions for that year were approximately 32,649,320 kg CO2e. Banca Transilvania has set a near-term target to reduce its Scope 1 emissions associated with its car fleet by 20% compared to a baseline year of 2018, aiming for completion by 2023. This commitment reflects the bank's proactive approach to managing its carbon footprint and contributing to climate action. Overall, Banca Transilvania's emissions data and reduction initiatives demonstrate a commitment to sustainability and a strategic focus on reducing greenhouse gas emissions across its operations.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,975,300 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,981,600 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banca Transilvania is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
