European Banking Authority Sustainability Profile
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 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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 are targeting a 5% reduction in energy consumption in their buildings from a 2022 baseline. For 2024, the EBA's emissions data indicates about 1,450 kg CO2e from employee-related activities and 70 kg CO2e from other sources, although specific scopes for these emissions were not disclosed. The EBA's commitment to reducing its carbon footprint aligns with broader industry standards and reflects a proactive approach to climate action. Overall, the EBA's initiatives demonstrate a clear commitment to sustainability and reducing their environmental impact, with ongoing efforts to monitor and improve their carbon emissions profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 1,316,649 |
How Carbon Intensive is European Banking Authority's Industry?
How Carbon Intensive is European Banking Authority's Location?
European Banking Authority's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" being the largest emissions source at 96% of Scope 3 emissions.
Top Scope 3 Categories
European Banking Authority's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
European Banking Authority has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
