CEC Bank S.A., a prominent financial institution headquartered in Romania, has been a cornerstone of the banking sector since its establishment in 1864. With a strong presence across the country, particularly in urban and rural areas, CEC Bank serves a diverse clientele, including individuals, small businesses, and public institutions. Specialising in retail and corporate banking, CEC Bank offers a range of services such as savings accounts, loans, and investment products. Its commitment to customer service and financial inclusion sets it apart in a competitive market. Over the years, CEC Bank has achieved significant milestones, including the expansion of its branch network and the introduction of innovative digital banking solutions, solidifying its position as a trusted partner in Romania's financial landscape.
How does CEC Bank S.A.'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.
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.
CEC Bank S.A.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CEC Bank S.A., headquartered in Romania, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank's operations. As of now, CEC Bank S.A. does not inherit emissions data from any parent or related organizations, nor does it participate in any industry-standard initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the context of the banking industry, it is essential for financial institutions to establish clear climate commitments and reduction strategies to align with global sustainability goals. However, without specific emissions data or targets, CEC Bank S.A.'s current climate commitments remain unclear.
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.
CEC Bank S.A. 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.