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 71% 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, the bank has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or other industry standards. As there are no emissions or reduction initiatives reported, CEC Bank S.A. appears to be in the early stages of addressing its climate impact. The lack of data may reflect a broader industry context where financial institutions are increasingly recognising the importance of sustainability and climate commitments. However, without specific targets or emissions data, it is challenging to assess the bank's current environmental performance or future commitments.
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.
