Adb

Adb's reported carbon emissions

In 2023, the Asian Development Bank (ADB), headquartered in the Philippines, reported total carbon emissions of approximately 45,867,410 kg CO2e. This figure includes Scope 1 emissions of about 3,493,000 kg CO2e, Scope 2 emissions of approximately 2,927,310 kg CO2e, and Scope 3 emissions related to business travel amounting to about 8,202,000 kg CO2e. Comparatively, in 2022, ADB's total emissions were approximately 6,066,050 kg CO2e, indicating a significant increase in emissions year-on-year. The emissions data reflects a comprehensive approach, as ADB has disclosed emissions across all three scopes, demonstrating transparency in their reporting. Despite the lack of specific reduction targets or initiatives outlined in their recent reports, ADB's commitment to sustainability is evident through their ongoing efforts to monitor and report emissions. The absence of documented reduction targets suggests a need for further development in their climate strategy. Overall, ADB's emissions data highlights the importance of continued focus on reducing carbon footprints and enhancing climate commitments in alignment with global sustainability goals.