The Eurasian Development Bank (EDB), headquartered in Kazakhstan (KZ), is a prominent player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. Established in 2006, the EDB aims to foster economic integration and development across its member states, which include several countries in the Eurasian region.
The bank offers a range of core products and services, including project financing, investment management, and advisory services, tailored to meet the unique needs of its clients. With a commitment to sustainable development, the EDB has positioned itself as a key facilitator of cross-border investments and regional cooperation. Notable achievements include its role in financing significant infrastructure projects, enhancing its reputation as a trusted financial partner in the region.
-11 vs industry average
Eurasian Development Bank’s score of 24 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Eurasian Development Bank's reported carbon emissions
The Eurasian Development Bank (EDB), headquartered in Kazakhstan and operating within financial intermediation services, reports its greenhouse gas (GHG) emissions for the years 2021-2024. For 2024, the EDB's total reported emissions, encompassing Scope 1, 2, and 3, were approximately 867,230,000 kg CO2e. This figure includes Scope 1 emissions of about 146,700 kg CO2e (with mobile combustion accounting for the majority), Scope 2 emissions from purchased electricity amounting to approximately 766,000 kg CO2e, and significant Scope 3 emissions, primarily driven by investments, totalling about 32,861,989,000 kg CO2e. Business travel contributed around 702,000 kg CO2e to Scope 3. In 2023, the EDB's total reported emissions were approximately 206,200,000 kg CO2e. Scope 1 emissions were about 146,310 kg CO2e, Scope 2 emissions from purchased electricity were around 880,000 kg CO2e, and Scope 3 emissions, largely from investments, were approximately 6,199,180,000 kg CO2e. Business travel accounted for about 1,001,000 kg CO2e. For 2022, the total reported emissions stood at approximately 245,400,000 kg CO2e. Scope 1 emissions were roughly 176,200 kg CO2e, Scope 2 emissions from purchased electricity were about 651,000 kg CO2e, and Scope 3 emissions, predominantly from investments, amounted to approximately 5,757,052,000 kg CO2e. In 2021, the total reported emissions were approximately 186,000 kg CO2e. Scope 1 emissions were about 173,000 kg CO2e, and Scope 2 emissions from purchased electricity were around 654,000 kg CO2e. Scope 3 emissions were not disclosed for this year. The Eurasian Development Bank has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi). However, the bank does report on GHG emissions as part of its sustainability disclosures.
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Eurasian Development Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Eurasian Development Bank yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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