The European Banking Federation (EBF), headquartered in Brussels, Belgium, serves as a pivotal voice for the banking sector across Europe. Established in 1960, the EBF represents national banking associations and promotes the interests of the banking industry, focusing on key areas such as regulation, sustainability, and digital transformation. With a commitment to fostering a competitive and innovative banking environment, the EBF provides essential services, including advocacy, research, and policy development. Its unique position enables it to influence European financial legislation and promote best practices among member banks. Recognised for its leadership in shaping banking policies, the EBF plays a crucial role in enhancing the stability and resilience of the European banking landscape, making it a cornerstone institution in the financial services industry.
How does European Banking Federation.'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.
Mean score of companies in the Business Services 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.
European Banking Federation.'s score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The European Banking Federation (EBF), headquartered in Belgium (BE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the EBF at this time. As a representative body for the banking sector in Europe, the EBF plays a crucial role in advocating for sustainable finance and climate action within the industry. However, without specific emissions data or reduction initiatives, it is unclear how the EBF is addressing its carbon footprint or contributing to broader climate commitments. The lack of reported emissions and targets suggests that the EBF may still be in the early stages of developing a comprehensive climate strategy or may rely on industry-wide initiatives to guide its sustainability efforts.
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 Federation. 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.
