Eib
The European Investment Bank (EIB), headquartered in Luxembourg (LU), is a pivotal institution in the financial sector, primarily focused on providing funding and expertise for sustainable development projects across Europe and beyond. Established in 1958, EIB has played a crucial role in financing infrastructure, innovation, and environmental initiatives, contributing significantly to the EU's economic growth. With a strong presence in major operational regions including the EU member states and neighbouring countries, EIB offers a diverse range of financial products and services, such as loans, guarantees, and advisory services. Its commitment to sustainability and social impact sets it apart in the banking industry. Recognised for its robust market position, EIB has achieved notable milestones, including financing billions in projects that align with the EU's climate goals, reinforcing its status as a leader in development finance.
DitchCarbon Score
How does Eib'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.
Industry Average
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.
Industry Benchmark
Eib's score of 42 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Eib's reported carbon emissions
In 2023, EIB reported total carbon emissions of approximately 22,000 kg CO2e for Scope 1, 4,251,000 kg CO2e for Scope 2, and 17,978,000 kg CO2e for Scope 3, resulting in a total of about 22,251,000 kg CO2e. This reflects a significant reliance on Scope 3 emissions, which account for the majority of their carbon footprint. Over the years, EIB's emissions have fluctuated, with a notable peak in 2018 at approximately 27,280,000 kg CO2e. Since then, there has been a gradual reduction in total emissions, particularly in Scope 1 and Scope 2, indicating efforts to improve energy efficiency and reduce direct emissions. Despite these reductions, EIB has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The organisation's emissions intensity per employee has also shown variability, with a gross intensity of about 4,480 kg CO2e in 2023. EIB's commitment to addressing climate change remains crucial, especially given the significant contribution of Scope 3 emissions to their overall carbon footprint. Continued focus on reducing these emissions will be essential for meeting future climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2007 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 933,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 373,000 | 0,000,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 16,626,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Eib is not committed to any reduction initiatives 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.
