Transaction Capital

Transaction Capital's reported carbon emissions

Transaction Capital, a financial intermediation services provider headquartered in ZA, has disclosed its carbon emissions for the years 2020 through 2023. In 2023, Transaction Capital reported total global emissions of approximately 11.6 billion kg CO2e. This figure comprises Scope 1 emissions totalling about 5.96 million kg CO2e, Scope 2 emissions of approximately 13.57 million kg CO2e, and substantial Scope 3 emissions amounting to about 11.53 billion kg CO2e. Key contributors to its Scope 3 emissions include investments (482.7 million kg CO2e) and purchased goods and services (1.37 billion kg CO2e), with the use of sold products also being a significant factor. For 2022, the company's total global emissions were approximately 10.36 billion kg CO2e. Scope 1 emissions were around 5.86 million kg CO2e, Scope 2 emissions were about 9.73 million kg CO2e, and Scope 3 emissions were approximately 10.35 billion kg CO2e. In 2021, total global emissions stood at about 486.5 million kg CO2e. This included Scope 1 emissions of approximately 2.47 million kg CO2e, Scope 2 emissions of about 6.35 million kg CO2e, and Scope 3 emissions of approximately 486 million kg CO2e. The majority of its Scope 3 emissions were driven by investments (484.7 million kg CO2e). Transaction Capital's total global emissions for 2020 were approximately 429.7 million kg CO2e. This breakdown included Scope 1 emissions of about 1.85 million kg CO2e, Scope 2 emissions of approximately 7.40 million kg CO2e, and Scope 3 emissions of about 420.9 million kg CO2e. Transaction Capital has not disclosed any specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or RE100. The company's climate commitments and reporting are managed at the corporate level within Transaction Capital Limited.