European Bank For Reconstruction And Development Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
European Bank For Reconstruction And Development's score of 56 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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European Bank For Reconstruction And Development's reported carbon emissions
In 2024, the European Bank for Reconstruction and Development (EBRD) reported total carbon emissions of approximately 37.7 million kg CO2e. This total comprises 314,000 kg CO2e from Scope 1 emissions, 1,003,000 kg CO2e from Scope 2 emissions, and about 36.4 million kg CO2e from Scope 3 emissions. The previous year, 2023, EBRD's emissions were approximately 38.5 million kg CO2e, indicating a slight reduction in total emissions. EBRD has set ambitious reduction targets aligned with its net-zero commitments. The bank aims to reduce Scope 1 and Scope 2 emissions by 20% by the end of 2027, starting from 2023 levels. This commitment reflects EBRD's dedication to addressing climate change and reducing its carbon footprint across its operations. The emissions data is not cascaded from any parent organization, and all figures are reported directly by EBRD. The bank continues to focus on sustainability and environmental responsibility as part of its operational strategy.
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| 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 |
How Carbon Intensive is European Bank For Reconstruction And Development's Industry?
How Carbon Intensive is European Bank For Reconstruction And Development's Location?
European Bank For Reconstruction And Development's Climate Goals (2030 & 2050)
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.
