Transaction Capital, a leading South African financial services group, is headquartered in Johannesburg, ZA. Founded in 2003, the company has established itself in the specialised finance and technology sectors, focusing on providing innovative solutions in the transport and logistics, as well as the credit and collections industries. With a diverse portfolio that includes vehicle financing, debt collection, and data analytics, Transaction Capital stands out for its commitment to leveraging technology to enhance operational efficiency. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position. Recognised for its robust growth and adaptability, Transaction Capital continues to thrive in a competitive landscape, making it a key player in the South African financial services industry.
How does Transaction Capital'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.
Transaction Capital's score of 26 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Transaction Capital reported total carbon emissions of approximately 19,532,000 kg CO2e, comprising 5,961,000 kg CO2e from Scope 1, 13,571,000 kg CO2e from Scope 2, and a significant 11,530,086,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions primarily stem from mobile combustion (4,765,000 kg CO2e) and stationary combustion (1,160,000 kg CO2e). Comparatively, in 2022, the company recorded total emissions of about 15,588,000 kg CO2e, with Scope 1 emissions at 5,858,000 kg CO2e and Scope 2 emissions at 9,730,000 kg CO2e. The Scope 3 emissions for that year were approximately 10,354,469,000 kg CO2e. Transaction Capital has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). The company’s emissions data is sourced directly from Transaction Capital Limited, with no cascaded data from a parent or related organization. Overall, Transaction Capital's emissions profile highlights a substantial reliance on Scope 3 emissions, indicating a need for enhanced strategies to address indirect emissions across their value chain.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,850,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,404,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 420,875,700 | 000,000,000 | 00,000,000,000 | 00,000,000,000 |
Transaction Capital's Scope 3 emissions, which increased by 11% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 84% of Scope 3 emissions.
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.
Transaction Capital 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.
