Banca Transilvania

Banca Transilvania, headquartered in RO and operating in financial intermediation services, reported approximately 55.3 million kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2024, the bank's Scope 1 emissions were approximately 7.6 million kg CO2e, comprising stationary and mobile combustion, alongside fugitive emissions. Scope 2 emissions for the same year stood at approximately 4.6 million kg CO2e, primarily from purchased electricity. The most significant portion of their footprint came from Scope 3 emissions, totalling approximately 45.9 million kg CO2e, largely driven by purchased goods and services.

For 2023, Banca Transilvania's total emissions were approximately 41.5 million kg CO2e. This included around 6.9 million kg CO2e in Scope 1 emissions, approximately 5.9 million kg CO2e in Scope 2 emissions, and approximately 32.6 million kg CO2e in Scope 3 emissions.

The company has a near-term reduction target to decrease greenhouse gas emissions associated with its car fleet (Scope 1 emissions) by 20% compared to the 2018 baseline year, aiming for completion by 2023. The status of this target for 2022 indicates it was on track.

Banca Transilvania's climate data is not cascaded from a parent organisation.