CEC Bank S.A. Sustainability Profile
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.
DitchCarbon Score
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.
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
CEC Bank S.A.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CEC Bank S.A.'s reported carbon emissions
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. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that CEC Bank S.A. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the banking industry, many institutions are increasingly adopting climate commitments and setting science-based targets to mitigate their environmental impact. However, without specific emissions data or reduction initiatives, it is unclear how CEC Bank S.A. aligns with these industry trends.
How Carbon Intensive is CEC Bank S.A.'s Industry?
How Carbon Intensive is CEC Bank S.A.'s Location?
CEC Bank S.A.'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.
CEC Bank S.A. 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.
