European Central Bank
The European Central Bank (ECB), headquartered in Frankfurt, Germany, plays a pivotal role in the Eurozone's financial landscape. Established in 1998, the ECB is responsible for monetary policy within the 19 member states that use the euro, ensuring price stability and fostering economic growth. As a key institution in the banking industry, the ECB oversees the euro area’s monetary policy, manages foreign reserves, and supervises significant banks to maintain financial stability. Its unique position allows it to implement policies that directly influence inflation and interest rates across Europe. Notable achievements include the introduction of the euro and the implementation of quantitative easing measures during economic crises, solidifying its market position as a cornerstone of European economic governance. The ECB continues to adapt to evolving economic challenges, reinforcing its commitment to a stable and prosperous Eurozone.
DitchCarbon Score
How does European Central Bank'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 Services Auxiliary to Financial Intermediation 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 Central Bank's score of 55 is higher than 74% 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 Central Bank's reported carbon emissions
In 2024, the European Central Bank (ECB) reported total carbon emissions of approximately 36,707,900 kg CO2e. This figure includes Scope 1 emissions of about 1,803,400 kg CO2e, Scope 2 emissions of around 12,132,400 kg CO2e, and Scope 3 emissions totalling approximately 22,772,100 kg CO2e. The previous year, 2023, saw total emissions of about 36,609,300 kg CO2e, with Scope 1 at approximately 2,915,100 kg CO2e, Scope 2 at about 10,737,600 kg CO2e, and Scope 3 at around 22,956,600 kg CO2e. The ECB has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the ECB has established a long-term target to reduce total CO2 emissions by 10% by 2030, using 2018 as the baseline year. This commitment reflects the ECB's dedication to addressing climate change and reducing its carbon footprint. The emissions data is not cascaded from any parent organization, indicating that the ECB independently reports its emissions and climate initiatives. The ECB's proactive approach to sustainability aligns with industry standards and reflects its commitment to environmental responsibility.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 10,879,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 489,000 | 00,000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,021,500 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 Central Bank 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.
