Eurasian Development Bank

Eurasian Development Bank (EDB), headquartered in Kazakhstan and operating in financial intermediation services (except insurance and pension funding), has disclosed its carbon emissions across various scopes. For the reporting year 2025, EDB reported Scope 3 emissions from investments amounting to approximately 19 billion kg CO2e.

In 2024, EDB's total emissions were approximately 867.2 million kg CO2e. This included Scope 1 emissions from mobile combustion of around 146,000 kg CO2e, fugitive emissions of approximately 400 kg CO2e, and stationary combustion of about 350 kg CO2e. Scope 2 emissions from purchased electricity were approximately 766,000 kg CO2e. Scope 3 emissions for 2024 were substantial, with investments accounting for approximately 32.9 billion kg CO2e, business travel at about 702,000 kg CO2e, employee commute at approximately 184,000 kg CO2e, and waste generated in operations at around 59,000 kg CO2e.

For 2023, EDB reported total emissions of approximately 206.2 million kg CO2e. Scope 1 emissions included mobile combustion at roughly 146,000 kg CO2e, fugitive emissions at approximately 10 kg CO2e, and stationary combustion at about 200 kg CO2e. Scope 2 emissions from purchased electricity were approximately 880,000 kg CO2e. Scope 3 emissions for this year were driven by investments, totalling approximately 6.2 billion kg CO2e, along with business travel at about 1 million kg CO2e, employee commute at approximately 184,000 kg CO2e, and waste generated in operations at around 74,000 kg CO2e.

In 2022, EDB's total emissions stood at approximately 245.4 million kg CO2e. Scope 1 emissions comprised mobile combustion of approximately 176,000 kg CO2e and stationary combustion of about 200 kg CO2e. Scope 2 emissions from purchased electricity were around 651,000 kg CO2e. Scope 3 emissions included investments at approximately 5.8 billion kg CO2e, employee commute at about 184,000 kg CO2e, and waste generated in operations at around 108,000 kg CO2e.

For 2021, EDB's total emissions were approximately 186,000 kg CO2e. Scope 1 emissions included mobile combustion of about 172,000 kg CO2e, fugitive emissions of approximately 730 kg CO2e, and stationary combustion of around 200 kg CO2e. Scope 2 emissions from purchased electricity were approximately 654,000 kg CO2e. At this time, Scope 3 emissions data was not disclosed.

Eurasian Development Bank has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge.