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The European Investment Bank (EIB), headquartered in Luxembourg (LU), is a leading institution in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding (NACE code 65). Established in 1958, EIB has played a pivotal role in financing projects that promote European integration and development, with a strong emphasis on sustainable investment.
EIB's core offerings include project financing, advisory services, and risk management solutions, tailored to support both public and private sector initiatives across Europe and beyond. Its unique approach combines financial expertise with a commitment to environmental sustainability, positioning EIB as a key player in the green finance landscape. With a robust market presence and a reputation for reliability, EIB continues to achieve significant milestones, reinforcing its status as a cornerstone of European economic development.
+14 vs industry average
Eib’s score of 51 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
EIB, headquartered in Luxembourg and operating in financial intermediation services, except insurance and pension funding services, reported approximately 19.8 million kg CO2e in total emissions for 2024. This figure encompasses scope 1, 2, and 3 emissions. Scope 1 emissions were around 46,000 kg CO2e, while scope 2 emissions totalled approximately 3.6 million kg CO2e, primarily from purchased electricity. Scope 3 emissions accounted for the largest portion, at about 16.16 million kg CO2e, with business travel being a significant contributor.
For 2023, EIB's total emissions were approximately 22.22 million kg CO2e. Scope 1 emissions were around 22,000 kg CO2e, scope 2 emissions were about 4.25 million kg CO2e, and scope 3 emissions were approximately 17.95 million kg CO2e.
EIB is committed to reducing its climate impact, setting a target to decrease absolute greenhouse gas emissions by 50% by 2030, using 2020 as a baseline. This commitment covers both scope 1 and scope 2 emissions.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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