The EURO STOXX Banks USD Index, a prominent financial benchmark, is headquartered in Frankfurt, Germany. This index serves as a key indicator for the performance of leading banks across the Eurozone, encompassing major operational regions such as France, Italy, and Spain. Established to provide investors with insights into the banking sector, it tracks a diverse range of financial institutions, including retail banks, investment banks, and diversified financial services. Since its inception, the EURO STOXX Banks USD Index has achieved significant milestones, reflecting the evolving landscape of the European banking industry. Its core offering lies in delivering a comprehensive view of bank performance, distinguished by its focus on liquidity and market capitalisation. As a vital tool for investors, the index holds a notable position in the financial markets, recognised for its reliability and relevance in assessing the health of the banking sector.
How does EURO STOXX Banks USD Index'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 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.
EURO STOXX Banks USD Index's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The EURO STOXX Banks USD Index currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the index. This lack of data suggests that the index may not have established formal commitments to reduce carbon emissions or engage in sustainability initiatives at this time. In the context of the banking sector, it is increasingly important for financial institutions to address climate-related risks and implement strategies for emissions reduction. However, without specific commitments or data, the EURO STOXX Banks USD Index remains unquantified in terms of its environmental impact and climate action efforts.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
EURO STOXX Banks USD Index has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
