Banca Transilvania Sustainability Profile
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 49 is higher than 68% 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 55.3 million kg CO2e. This figure includes Scope 1 emissions of about 7.6 million kg CO2e, primarily from mobile combustion (approximately 3.8 million kg CO2e) and stationary combustion (about 3.4 million kg CO2e). Scope 2 emissions accounted for approximately 1.8 million kg CO2e, while Scope 3 emissions were significantly higher at around 45.9 million kg CO2e, with the largest contributor being purchased goods and services (approximately 38.9 million kg CO2e). In 2023, the bank's total emissions were approximately 41.5 million kg CO2e, showing a notable increase from the previous year. The breakdown included Scope 1 emissions of about 6.9 million kg CO2e, Scope 2 emissions of approximately 1.9 million kg CO2e, and Scope 3 emissions of around 32.6 million kg CO2e. 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 managing its carbon footprint and contributing to climate action. Overall, Banca Transilvania's emissions data and reduction initiatives highlight its ongoing efforts to address climate change and improve sustainability within its operations.
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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 |
How Carbon Intensive is Banca Transilvania's Industry?
How Carbon Intensive is Banca Transilvania's Location?
Banca Transilvania's Scope 3 Categories Breakdown
Banca Transilvania's Scope 3 emissions, which increased by 41% last year and increased by approximately 41% since 2023, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 85% of Scope 3 emissions.
Top Scope 3 Categories
Banca Transilvania'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 Transilvania 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.
