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 28 is higher than 50% 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 stemmed from mobile combustion (4,765,000 kg CO2e) and stationary combustion (1,160,000 kg CO2e). The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). However, it is essential to note that the emissions data is not cascaded from a parent company, ensuring that the figures are solely representative of Transaction Capital's operations. Transaction Capital's emissions per employee for Scope 1 and 2 were reported at about 1,750 kg CO2e, while emissions per square metre of building were approximately 70 kg CO2e. The company continues to monitor its carbon footprint and engage in sustainability practices, although specific reduction strategies have yet to be established.
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 |
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.