Capitec Bank Limited
Capitec Bank Limited, commonly referred to as Capitec, is a leading South African financial institution headquartered in Stellenbosch, ZA. Founded in 2001, the bank has rapidly established itself within the retail banking sector, focusing on providing accessible and affordable banking solutions to a diverse clientele across the country. Capitec operates primarily in the personal banking industry, offering a range of core products and services, including savings accounts, personal loans, and transactional banking. Its unique approach combines simplicity and transparency, making banking more user-friendly for customers. Notably, Capitec has achieved significant milestones, such as being recognised as one of the top banks in South Africa for customer satisfaction. With a strong market position, Capitec continues to innovate and expand its services, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Capitec Bank Limited'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 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
Capitec Bank Limited's score of 34 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capitec Bank Limited, headquartered in South Africa (ZA), currently does not have specific carbon emissions data available for the most recent year. The bank's emissions data is cascaded from its parent company, Capitec Bank Holdings Limited, at a cascade level of 1. However, no specific figures or reduction targets have been provided in the available information. As a current subsidiary, Capitec Bank Limited is part of a broader corporate commitment to sustainability, although specific initiatives or targets related to carbon emissions reduction have not been disclosed. The absence of documented reduction initiatives or climate pledges indicates that the bank may still be in the early stages of formalising its climate commitments. In summary, while Capitec Bank Limited is linked to Capitec Bank Holdings Limited, which may have broader sustainability goals, there is currently no detailed emissions data or specific climate commitments available for Capitec Bank Limited itself.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 174,000 | 0,000,000 |
| Scope 2 | 37,627,000 | 00,000,000 |
| Scope 3 | 1,561,000 | 0,000,000 |
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.
Capitec Bank Limited 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.
