Banca Transilvania
Banca Transilvania, often referred to as BT, is a leading financial institution headquartered in Cluj-Napoca, Romania. Established in 1993, the bank has grown significantly, becoming a key player in the Romanian banking sector, with a strong presence in major operational regions across the country. Specialising in retail and corporate banking, Banca Transilvania offers a diverse range of products and services, including personal loans, business financing, and investment solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive market. Recognised for its robust growth and customer satisfaction, Banca Transilvania has achieved notable milestones, including being one of the largest banks in Romania by assets. With a focus on digital transformation, BT continues to enhance its offerings, ensuring it meets the evolving needs of its clients.
DitchCarbon Score
How does Banca Transilvania'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 Services Auxiliary to 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
Banca Transilvania's score of 23 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banca Transilvania's reported carbon emissions
In 2021, Banca Transilvania reported total carbon emissions of approximately 4,831,920 kg CO2e, with Scope 1 emissions at about 4,307,250 kg CO2e and Scope 2 emissions at around 524,670 kg CO2e. The bank has set a significant reduction target to decrease its Scope 1 emissions, specifically those associated with its car fleet, by 20% compared to a baseline year of 2018, aiming for completion by 2023. While no emissions data is available for 2022 and 2023, Banca Transilvania has indicated a commitment to reducing greenhouse gas emissions, with an annual reduction of approximately 3,000 tonnes CO2e achieved through various initiatives. The bank's focus on sustainability is evident in its efforts to lower carbon intensity and improve energy efficiency across its operations. Overall, Banca Transilvania is actively working towards enhancing its climate commitments and reducing its carbon footprint, aligning with industry standards for environmental responsibility.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 3,975,300 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,981,600 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - |
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.
Banca Transilvania 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.
