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 97% 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 a significant portion of these emissions, about 53,477 kg CO2e, attributed to Scope 3 activities related to fuel and energy. The EBA has set ambitious near-term reduction targets, aiming to decrease energy consumption by 10% from a 2019 baseline by the end of 2023. Additionally, they are targeting a 5% reduction in energy consumption in their buildings, using 2022 as the baseline year. The EBA's commitment to sustainability is evident in their focus on energy efficiency and emissions reduction, although they currently do not report on Scope 1 and Scope 2 emissions. Their initiatives reflect a proactive approach to addressing climate change within the banking sector, aligning with broader industry standards and expectations for environmental responsibility.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 53,477 |
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.
