Council of Europe Development Bank

Council of Europe Development Bank reported total carbon emissions of approximately 923,000 kg CO2e in 2025. This includes Scope 1 emissions from mobile combustion of about 2,000 kg CO2e, Scope 2 emissions from purchased electricity of approximately 2,000 kg CO2e, and Scope 3 emissions, which notably include around 23,000 kg CO2e from employee commute and 100,000 kg CO2e from purchased goods and services.

Looking back, the bank's total emissions were approximately 814,000 kg CO2e in 2024 and 604,000 kg CO2e in 2023. In 2018, the bank recorded significantly higher total emissions of about 10,475,000 kg CO2e.

Council of Europe Development Bank has set climate commitments, aiming to reduce its Scope 1 emissions by 90% by 2030 from a 2020 baseline. Similarly, it targets a 90% reduction in Scope 2 emissions by 2030, also from a 2020 baseline. Additionally, the bank is committed to an absolute reduction of its Scope 1, 2, and 3 emissions by 12.4% by 2025, using 2018 as a baseline year. This latter target for Scope 1, 2, and 3 emissions is cascaded from the European Investment Bank (EIB) Group.