Banca Comercială “Banca Socială” SA, headquartered in the Republic of Moldova (MD), is a prominent player in the banking industry, offering a diverse range of financial services. Established in 1994, the bank has steadily evolved, focusing on retail banking, corporate financing, and microfinance solutions tailored to meet the needs of its clients. With a strong presence in major operational regions across Moldova, Banca Socială is recognised for its commitment to social responsibility and community development. The bank's core products, including personal loans, savings accounts, and business financing, are designed to provide accessible financial solutions, setting it apart in a competitive market. Notably, Banca Socială has achieved significant milestones in customer satisfaction and financial inclusion, reinforcing its position as a trusted financial partner in the region.
How does Banca comerciala “Banca Sociala” SA'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.
Mean score of companies in the 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.
Banca comerciala “Banca Sociala” SA's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banca Comercială “Banca Socială” SA, headquartered in MD, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. This lack of emissions data and climate commitments suggests that Banca Socială may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. In the context of the banking industry, many institutions are increasingly adopting climate strategies and setting science-based targets to mitigate their environmental impact. However, without specific commitments or data, Banca Socială's position in this regard remains unclear. As the financial sector continues to evolve towards greater accountability in climate action, it will be essential for Banca Socială to consider developing and communicating its own sustainability goals to align with industry standards.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banca comerciala “Banca Sociala” SA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
