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 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 27 is higher than 69% 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 11,530,086,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 5,961,000 kg CO2e, Scope 2 emissions totalled approximately 5,904,000 kg CO2e, and Scope 3 emissions reached around 11,530,086,000 kg CO2e. Over the years, the company has shown fluctuations in its emissions, with a notable decrease from about 694,617,000 kg CO2e in 2019 to approximately 444,361,900 kg CO2e in 2022. However, emissions increased again in 2023, reflecting the complexities of managing carbon footprints in a growing business environment. Transaction Capital has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon emissions. The absence of documented reduction targets suggests a need for enhanced climate commitments to align with industry standards and expectations for sustainability. Overall, while Transaction Capital has made strides in emissions reporting, the lack of clear reduction strategies may hinder its ability to effectively address climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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 | 0,000,000 |
Scope 3 | 420,875,700 | 000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Transaction Capital is not committed to any reduction initiatives 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.