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Public Profile
Financial Intermediation
MD
updated a month ago

Banca de Economii SA Sustainability Profile

Company website

Banca de Economii SA, commonly referred to as Banca de Economii, is a prominent financial institution headquartered in Chișinău, Moldova (MD). Established in 1991, the bank has played a pivotal role in the country's banking sector, focusing on retail and corporate banking services. With a strong presence across major operational regions in Moldova, Banca de Economii offers a diverse range of products, including savings accounts, loans, and investment services, tailored to meet the needs of both individual and business clients. Recognised for its commitment to customer service and financial stability, Banca de Economii has achieved significant milestones, including a robust market position as one of the leading banks in Moldova. Its unique offerings, such as competitive interest rates and personalised financial solutions, set it apart in the industry, making it a trusted choice for customers seeking reliable banking services.

DitchCarbon Score

How does Banca de Economii 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.

20

Industry Average

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.

29

Industry Benchmark

Banca de Economii SA's score of 20 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

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Banca de Economii SA's reported carbon emissions

Banca de Economii 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 de Economii SA may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial sector increasingly prioritises climate action, it is essential for institutions like Banca de Economii SA to consider developing measurable targets and strategies to mitigate their environmental impact.

How Carbon Intensive is Banca de Economii SA's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banca de Economii SA's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Banca de Economii SA's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banca de Economii SA is in MD, which we do not have grid emissions data for.

Banca de Economii SA's Climate Goals (2030 & 2050)

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 de Economii 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Banca de Economii SA's Emissions with Industry Peers

Sberbank of Russia

RU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Banca Transilvania

RO
•
Services auxiliary to financial intermediation (67)
Updated 9 days ago

Credit Agricole

FR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

B.C. ProCredit Bank S.A.

MD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 20 days ago

BA Universalbank SA

MD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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