European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD) is a prominent international financial institution headquartered in London, UK. Established in 1991, the EBRD primarily focuses on fostering economic development in Central and Eastern Europe, as well as the Southern and Eastern Mediterranean regions. Specialising in private sector investment, the bank supports projects that promote sustainable growth, innovation, and environmental sustainability. Its core services include financing, advisory, and investment in various sectors, such as infrastructure, energy, and agribusiness. With a strong commitment to transitioning economies towards market-oriented systems, the EBRD has achieved significant milestones, including investments exceeding €150 billion across more than 6,000 projects. This positions the bank as a key player in the development finance landscape, recognised for its unique approach to blending financial returns with social impact.
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 82% 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 carbon emissions totalling approximately 34.8 million tonnes CO2e across all scopes. This figure includes about 262,000 tonnes CO2e from Scope 1 emissions, around 3.5 million tonnes CO2e from Scope 2 emissions, and approximately 34.8 million tonnes CO2e from Scope 3 emissions. Comparatively, in 2022, EBRD's emissions were about 50.6 million tonnes CO2e, indicating a significant reduction in Scope 3 emissions. The Scope 1 emissions decreased from approximately 810,000 tonnes CO2e in 2022, while Scope 2 emissions remained relatively stable at about 3.7 million tonnes CO2e. Despite these reductions, EBRD has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). The bank's emissions intensity per employee for Scope 3 was reported at about 8,220 kg CO2e in 2023, down from 12,200 kg CO2e in 2022, reflecting an improvement in operational efficiency. Overall, while EBRD has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate action strategy.
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Add to project2021 | 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.
