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 31 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banca Transilvania's reported carbon emissions
In 2023, Banca Transilvania reported total carbon emissions of approximately 32,646,440 kg CO2e. This figure includes 6,869,300 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 5,891,600 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Notably, the bank's Scope 3 emissions were significant, amounting to 23,787,510 kg CO2e, primarily driven by purchased goods and services. Comparatively, in 2022, Banca Transilvania's total emissions were about 3,264,640 kg CO2e, with Scope 1 emissions at 3,015,000 kg CO2e, Scope 2 at 1,870,000 kg CO2e, and Scope 3 at 1,643,900 kg CO2e. This indicates a substantial increase in emissions in 2023, particularly in Scope 3, which reflects the bank's broader operational impact. Banca Transilvania has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data highlights the importance of addressing both direct and indirect emissions to align with industry standards for climate action.
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Get Started| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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 | - | - | - | 0,000,000 | 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 committed to any reduction initiatives 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.
