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 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 27 is higher than 51% 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 Scope 1 emissions of about 6,869,300 kg CO2e, Scope 2 emissions of approximately 5,891,600 kg CO2e, and significant Scope 3 emissions totalling around 23,787,510 kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 21,431,560 kg CO2e. In previous years, Banca Transilvania's emissions showed a notable decrease. For instance, in 2021, the total emissions were approximately 4,831,920 kg CO2e, with Scope 1 emissions at about 4,307,250 kg CO2e and Scope 2 at around 524,670 kg CO2e. By 2020, the total emissions were about 9,161,400 kg CO2e, indicating a trend towards reducing their carbon footprint. Despite these reductions, Banca Transilvania has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The bank's emissions data reflects its ongoing efforts to monitor and manage its carbon impact, aligning with industry standards for sustainability and climate responsibility.
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Add to project| 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,975,300 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,981,600 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - | 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 committed to some 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.
