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The European Central Bank (ECB), headquartered in Frankfurt, Germany, plays a pivotal role in the financial landscape of the Eurozone. Established in 1998, the ECB is integral to the services auxiliary to financial intermediation sector, focusing on monetary policy, financial stability, and banking supervision across its member states.
The ECB's core services include the formulation of monetary policy, management of foreign reserves, and oversight of the Eurozone banking system. Its unique position allows it to influence interest rates and ensure price stability, which are crucial for economic growth. Notable achievements include the implementation of quantitative easing measures and the establishment of the Single Supervisory Mechanism.
As a leading institution in the financial services industry, the ECB is recognised for its commitment to maintaining the stability of the Euro and fostering economic integration within Europe.
+8 vs industry average
European Central Bank’s score of 45 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
The European Central Bank (ECB) in Germany, operating in "Services auxiliary to financial intermediation", reported total emissions of approximately 25.4 million kg CO2e in 2024. This includes 132,800 kg CO2e from Scope 1 emissions, 2.6 million kg CO2e from Scope 2 emissions, and 22.7 million kg CO2e from Scope 3 emissions. For 2023, the ECB reported total emissions of approximately 25.5 million kg CO2e, comprising 214,000 kg CO2e from Scope 1, 2.3 million kg CO2e from Scope 2, and 23.0 million kg CO2e from Scope 3 emissions.
The ECB has set a long-term commitment to reduce its total Scope 1 CO2 emissions by 10% by 2030, using 2018 as the baseline year. Similarly, it aims to reduce its total Scope 2 CO2 emissions by 10% by 2030, also against a 2018 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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