The European Bank for Reconstruction and Development (EBRD), headquartered in London, GB, plays a pivotal role in fostering economic development across Europe, Central Asia, and the Southern and Eastern Mediterranean. Established in 1991, the EBRD was created to support the transition of former communist countries to market economies, and it has since evolved to address contemporary challenges such as climate change and sustainable development. Operating within the financial services industry, the EBRD focuses on investment, policy advice, and technical assistance, primarily in the private sector. Its unique approach combines financial support with a commitment to promoting sustainable practices, making it a leader in the development banking sector. With over €150 billion invested in various projects, the EBRD has established a strong market position, recognised for its contributions to economic resilience and growth in emerging markets.
How does European Bank For Reconstruction And Development'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.
European Bank For Reconstruction And Development's score of 56 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, the European Bank for Reconstruction and Development (EBRD) reported total carbon emissions of approximately 37,684,000 kg CO2e. This figure includes 314,000 kg CO2e from Scope 1 emissions, 1,003,000 kg CO2e from market-based Scope 2 emissions, and a significant 36,367,000 kg CO2e from Scope 3 emissions. Comparatively, in 2023, EBRD's total emissions were about 38,517,000 kg CO2e, with Scope 1 emissions at 262,000 kg CO2e, market-based Scope 2 emissions at 2,252,000 kg CO2e, and Scope 3 emissions at 36,003,000 kg CO2e. This indicates a reduction in total emissions of approximately 833,000 kg CO2e from 2023 to 2024. Looking back further, in 2022, EBRD's total emissions peaked at about 55,230,000 kg CO2e, with Scope 1 emissions of 870,000 kg CO2e and Scope 3 emissions reaching 50,638,000 kg CO2e. This highlights a significant downward trend in emissions over the past two years. EBRD has set ambitious reduction targets aligned with its net-zero commitments, aiming for a 20% reduction in Scope 1 and Scope 2 emissions by the end of 2027, starting from 2023. These initiatives reflect EBRD's commitment to sustainability and its role in addressing climate change. Overall, EBRD's emissions data and reduction targets underscore its proactive approach to managing carbon emissions and contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,764,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,860,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 15,459,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
European Bank For Reconstruction And Development 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.
