0%

Banca Transilvania receives Low Risk ESG rating from Sustainalytics for the second consecutive year

18 July 2023 Reading time 2:00 minutes

Banca Transilvania has also obtained a very good ESG Risk Rating, Low Risk, following the Sustainalytics analysis.

Sustainalytics is one of the largest global providers of ESG ratings, which analyses a company's exposure to industry specific ESG (environmental, social, governance) risks and the way companies manage those risks.

BT rating details:

  • Is 15.1 (2023) compared to 17 (2022) - Low Risk in both years;
  • Ranks BT 106th (up from 133 in 2022) out of 1,000 banks analyzed globally;
  • It analysed the following issues: corporate governance, integration of ESG factors into the business model, quality and sustainability of products and services offered to customers, data privacy and security, business ethics and human capital development;
  • The analysis criteria took into account 10 international standards and frameworks, such as the Global Reporting Initiative, the Sustainability Accounting Standards Board, the Task Force on Climate-related Financial Disclosures and the World Economic Forum.
  • This is the second independent external ESG assessment of BT.


Sustainalytics noted the progress made by Banca Transilvania in the following areas:

  • Estimate the carbon footprint of the loan portfolio in 2022;
  • Decreasing the carbon intensity as a result of the actions carried out over the last 3 years;
  • sustainable financing initiatives for retail clients, SMEs and large corporates;
  • governance of product and service offerings;
  • cybersecurity management and data protection;
  • initiatives implemented for the team’s development;
  • responsible marketing policy.

More details can be found on the ESG page on the bank's website and in the BT 2022 Sustainability Report.

Press contact

comunicare@btrl.ro

Other articles

Subscribe to our newsletter

And get the news first on
Newsroom & BT Blog.

You can unsubscribe at any time, see details.

A little more

I just sent an email to you. Confirm your subscription by clicking on the link in the email.

A little more

I just sent an email to you. Confirm your subscription by clicking on the link in the email.

Download BT Pay

Scan the code with your mobile phone, depending on your phone system.

Download BT Pay

Scan the code with your mobile phone, depending on your phone system.

Download BT Pay

Scan the code with your mobile phone, depending on your phone system.

Download NeoBT

Scan the code with your mobile phone, depending on your phone system.

Download NeoBT

Scan the code with your mobile phone, depending on your phone system.

Download NeoBT

Scan the code with your mobile phone, depending on your phone system.

Download BT24

Scan the code with your mobile phone, depending on your phone system.

Download BT24

Scan the code with your mobile phone, depending on your phone system.