European Banking Authority
The European Banking Authority (EBA), headquartered in London, United Kingdom, plays a pivotal role in the financial services industry across Europe. Established in 2011, the EBA aims to ensure effective and consistent banking regulation and supervision within the European Union. Its primary focus areas include risk assessment, regulatory standards, and consumer protection, which are essential for maintaining financial stability. The EBA is renowned for its unique ability to foster cooperation among national banking authorities, enhancing the resilience of the banking sector. With a commitment to transparency and accountability, the authority has achieved significant milestones, including the development of the Single Rulebook for banking regulation. As a key player in the European financial landscape, the EBA continues to influence policy and promote best practices, solidifying its position as a leader in banking oversight.
DitchCarbon Score
How does European Banking Authority'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 Extra-Territorial Organizations 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 Banking Authority's score of 26 is higher than 89% 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 Banking Authority's reported carbon emissions
In 2023, the European Banking Authority (EBA) reported total carbon emissions of approximately 1,486,986 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel (about 1,263,172 kg CO2e) and fuel and energy-related activities (about 53,477 kg CO2e). The EBA has set ambitious energy reduction targets, aiming for a 10% decrease in energy consumption by 2023, using 2019 as a baseline. Additionally, they plan to achieve a 5% reduction in energy consumption in their buildings by 2023, based on 2022 levels. The EBA's emissions data does not specify Scope 1 or Scope 2 emissions, and there are no reported emissions from these scopes. The authority's commitment to reducing its carbon footprint aligns with broader industry standards and climate initiatives, although specific Science-Based Targets (SBTi) have not been established. The EBA's environmental strategies reflect a proactive approach to sustainability within the financial sector, headquartered in Great Britain.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 1,316,649 |
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 Banking Authority is not participating in any of the initiatives that 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.
