European Investment Fund
The European Investment Fund (EIF), headquartered in Luxembourg (LU), plays a pivotal role in supporting Europe's small and medium-sized enterprises (SMEs) and innovation sectors. Established in 1994, the EIF has become a cornerstone of the European financial landscape, focusing on enhancing access to finance for SMEs through a variety of financial instruments. With a strong presence across Europe, the EIF collaborates with financial intermediaries to provide guarantees, equity investments, and microfinance solutions. Its unique approach combines public and private funding, fostering sustainable economic growth and job creation. Notable achievements include its significant contributions to the European Fund for Strategic Investments (EFSI) and its commitment to promoting social impact investing. The EIF's strategic initiatives position it as a leader in the European investment ecosystem, driving innovation and competitiveness across the continent.
DitchCarbon Score
How does European Investment Fund'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 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 Investment Fund's score of 6 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
European Investment Fund's reported carbon emissions
In 2023, the European Investment Fund (EIF), headquartered in Luxembourg (LU), reported total carbon emissions of approximately 22,251,000 kg CO2e, all of which fall under Scope 1 emissions. This figure highlights the direct greenhouse gas emissions resulting from the Fund's operations. While specific reduction targets or initiatives were not disclosed, the EIF has reported gross greenhouse gas emissions intensity of about 4,500 kg CO2e per employee and a net intensity of approximately 3,500 kg CO2e per employee. These metrics provide insight into the Fund's operational efficiency in relation to its workforce. The EIF's commitment to addressing climate change is evident, although further details on specific reduction strategies or climate pledges were not available. As the organisation continues to navigate its environmental responsibilities, its emissions data serves as a baseline for future climate action and sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 22,251,000 |
| Scope 2 | - |
| Scope 3 | - |
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 Investment Fund is not committed to any reduction initiatives 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.
