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.
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.
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.
Eib's score of 42 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, the European Investment Bank (EIB) reported total carbon emissions of approximately 280,000,000 kg CO2e. This figure represents a significant increase compared to 2023, when emissions were about 17,346,000 kg CO2e, comprising 22,000 kg CO2e from Scope 1, 4,251,000 kg CO2e from Scope 2, and 11,421,000 kg CO2e from Scope 3 emissions. The EIB has set ambitious climate commitments, aiming for a 50% reduction in absolute greenhouse gas emissions by 2030, using a 2020 baseline. This target applies to both Scope 1 and Scope 2 emissions, reflecting a strong commitment to decarbonisation. The emissions data is not cascaded from any parent organisation, indicating that the EIB independently reports its emissions and climate initiatives. The bank's ongoing efforts align with industry standards for climate action, demonstrating a proactive approach to addressing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 933,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000,000 | 0,000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 6,366,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 16,626,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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 participating in any of the initiatives that 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.
