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 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banca Transilvania's reported carbon emissions
In 2024, Banca Transilvania reported total carbon emissions of approximately 55,315,350 kg CO2e. This figure includes Scope 1 emissions of about 7,643,980 kg CO2e, Scope 2 emissions of approximately 4,554,890 kg CO2e, and significant Scope 3 emissions totalling around 45,895,740 kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 38,888,550 kg CO2e. In 2023, the bank's total emissions were approximately 41,525,580 kg CO2e, with Scope 1 emissions at about 6,869,300 kg CO2e, Scope 2 emissions around 5,891,600 kg CO2e, and Scope 3 emissions of approximately 32,649,320 kg CO2e. This indicates a notable increase in emissions from 2023 to 2024. Banca Transilvania has set a target to reduce its Scope 1 emissions associated with its car fleet by 20% compared to a baseline year of 2018, aiming for completion by 2023. This commitment reflects the bank's proactive approach to mitigating its carbon footprint. The emissions data is not cascaded from any parent organisation, and all figures are reported directly by Banca Transilvania S.A. The bank continues to focus on sustainability initiatives as part of its broader climate commitments.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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 | - | - | - | 00,000,000 | 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 participating in any of the initiatives that 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.
