European Central Bank

European Central Bank's reported carbon emissions

The European Central Bank (ECB), headquartered in Germany and operating in services auxiliary to financial intermediation (67), has reported its carbon emissions across various scopes. For the most recent reporting year, 2023, the ECB's Scope 1 emissions were approximately 214,000 kg CO2e, with Scope 2 emissions totalling about 2,316,700 kg CO2e. Scope 3 emissions were significantly higher, reaching approximately 22,609,300 kg CO2e. The combined total emissions for 2023 were approximately 25,140,000 kg CO2e. In 2022, the ECB reported Scope 1 emissions of around 253,400 kg CO2e, Scope 2 emissions of approximately 2,411,900 kg CO2e, and Scope 3 emissions of about 14,004,300 kg CO2e. The total emissions for 2022 were approximately 16,670,000 kg CO2e. The ECB has set long-term climate commitments. A target for 2030 aims for a 10% reduction in total CO2 emissions from a 2018 baseline, encompassing both Scope 1 and Scope 2 emissions. Historically, the ECB's emissions data has been disclosed across scopes. For instance, in 2021, Scope 1 emissions were approximately 3,100,800 kg CO2e, Scope 2 emissions were about 2,198,000 kg CO2e, and Scope 3 emissions were around 10,849,700 kg CO2e. In 2020, total emissions were approximately 18,041,300 kg CO2e. In 2019, total emissions were approximately 39,517,500 kg CO2e. In 2018, Scope 1 emissions were approximately 3,103,100 kg CO2e, Scope 2 emissions were about 2,615,200 kg CO2e, and Scope 3 emissions were approximately 5,471,700 kg CO2e. Previous years also show emissions data, with Scope 2 and Scope 3 being reported, and in some instances, Scope 1 emissions details.