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 29 is higher than 78% 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, 5,904,000 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 (about 4,765,000 kg CO2e) and stationary combustion (approximately 1,160,000 kg CO2e). In comparison, the 2022 emissions data indicated a total 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 2022 were approximately 10,354,469,000 kg CO2e, highlighting a consistent trend in high Scope 3 emissions, which include the use of sold products (about 8,582,346,000 kg CO2e). Despite the substantial emissions figures, Transaction Capital has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. Overall, Transaction Capital's emissions profile reflects a significant reliance on Scope 3 emissions, which are often the most challenging to manage, indicating potential areas for future sustainability efforts.
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 | 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 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.