Banca Transilvania SA
Banca Transilvania's GHG Emissions Data Preview
In 2023, Banca Transilvania completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Banca Transilvania has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Banca Transilvania’s Greenhouse Gas (GHG) Emissions Data
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Insights into Banca Transilvania's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Banca Transilvania amounted to 12,760.9 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Banca Transilvania increased by 9.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Banca Transilvania's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Banca Transilvania's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Banca Transilvania were 6,869.3 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Banca Transilvania's Scope 1 emissions increased by 34.39%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Banca Transilvania's Scope 2 emissions?
In 2023, Banca Transilvania reported Scope 2 greenhouse gas (GHG) emissions of 1,989.63 tCO₂e using the market-based method and 5,891.6 tCO₂e using the location-based method. a
Has Banca Transilvania reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Banca Transilvania's Scope 2 emissions (Location-Based) fell by 10.55% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b
What methodology does Banca Transilvania use for Scope 2 reporting?
In 2023, Banca Transilvania reported its Scope 2 emissions using the market-based method and using the location-based method. a
Banca Transilvania's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Banca Transilvania's Value Chain Emissions
In 2023, Banca Transilvania reported 4,897,830.76 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Banca Transilvania includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Banca Transilvania's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Banca Transilvania's Scope 3 emissions?
In 2023, Banca Transilvania reported total Scope 3 emissions of 4,897,830.76 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.49% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.51% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Banca Transilvania's Scope 3 emissions remained relatively stable, indicating that Banca Transilvania 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Banca Transilvania disclose?
In 2023, Banca Transilvania reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Banca Transilvania's Scope 3 emissions?
In 2023, the largest contributors to Banca Transilvania's Scope 3 emissions were: a
- Investments (Cat. 15): 4,874,040.35 tCO₂e (99.51%)
- Purchased Goods and Services (Cat. 1): 21,431.56 tCO₂e (0.44%)
- Fuel- and Energy-Related Services (Cat. 3): 1,658.7 tCO₂e (0.03%)
Banca Transilvania's Scope 3 Emissions by Categories
Insights into Banca Transilvania's Total Carbon Footprint
In 2023, Banca Transilvania reported a total carbon footprint of 4,910,591.66 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.01% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Banca Transilvania's total carbon footprint was Scope 3 emissions, accounting for 99.74% of the company's total carbon footprint, followed by Scope 1 emissions at 0.14%. a