European Bank For Reconstruction And Development
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 39 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
European Bank For Reconstruction And Development's reported carbon emissions
In 2023, the European Bank for Reconstruction and Development (EBRD) reported total carbon emissions of approximately 80,262,000 kg CO2e. This figure includes Scope 1 emissions of about 262,000 kg CO2e, Scope 2 emissions of approximately 3,526,000 kg CO2e (location-based), and Scope 3 emissions of around 34,843,000 kg CO2e. The EBRD has shown a commitment to reducing its carbon footprint over the years. In 2022, the bank's total emissions were about 300,000,000 kg CO2e, with Scope 1 emissions at 810,000 kg CO2e, Scope 2 emissions at approximately 3,721,000 kg CO2e, and Scope 3 emissions at about 50,638,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, the EBRD has not publicly disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The bank's emissions per employee have varied, with figures of 2,400 kg CO2e in 2022 and 8,220 kg CO2e in 2023 for Scope 3 emissions, reflecting the need for ongoing efforts in sustainability. Overall, while the EBRD has made strides in reducing its carbon emissions, further transparency regarding specific climate commitments and reduction targets would enhance its accountability and effectiveness in addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,694,000 | 000,000 | 000,000 |
| Scope 2 | 3,479,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,610,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
European Bank For Reconstruction And Development is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
