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The European Banking Authority (EBA), headquartered in the United Kingdom, plays a pivotal role in the regulation and supervision of the banking sector across Europe. Established in 2011, the EBA aims to ensure effective and consistent banking regulation and supervision within the European Union, enhancing financial stability and consumer protection.
Operating primarily within the extra-territorial organisations and bodies sector, the EBA focuses on key areas such as risk assessment, regulatory frameworks, and the development of a single rulebook for banking. Its core services include conducting stress tests, issuing guidelines, and fostering cooperation among national supervisory authorities.
Recognised for its commitment to transparency and accountability, the EBA has made significant strides in harmonising banking practices across member states, positioning itself as a leader in the European financial landscape.
+9 vs industry average
European Banking Authority’s score of 31 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Extra-Territorial Organizations has below-average carbon intensity
The Extra-Territorial Organizations industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
The European Banking Authority reported total emissions of approximately 1,486,986 kg CO2e in 2023. This includes Scope 1 emissions from stationary combustion totalling 53,477 kg CO2e and Scope 3 emissions from business travel amounting to 1,263,172 kg CO2e. There was no Scope 2 emissions data available for 2023.
The organisation has set several reduction targets focusing on energy consumption. They aimed to reduce energy consumption by 10% (baseline: 2019) by both 2022 and 2023. Additionally, a target was set to reduce energy consumption in the building by 5% (baseline: 2022) by 2023.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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