European Stability Mechanism

European Stability Mechanism's reported carbon emissions

The European Stability Mechanism (ESM), headquartered in Luxembourg (LU) and operating within the 'Other business services (74)' industry, has reported its carbon emissions for several years. For 2024, the ESM reported total emissions of approximately 994,800 kg CO2e. This comprised Scope 1 emissions of about 23,800 kg CO2e, Scope 2 emissions of approximately 148,500 kg CO2e, and Scope 3 emissions of around 822,500 kg CO2e. In 2023, the ESM's total emissions were approximately 1,077,900 kg CO2e. This included Scope 1 emissions of about 30,800 kg CO2e, Scope 2 emissions of approximately 165,200 kg CO2e, and Scope 3 emissions of around 881,900 kg CO2e. In 2019, the ESM reported total emissions of approximately 1,015,500 kg CO2e, with Scope 1 emissions at about 33,510 kg CO2e, Scope 2 at approximately 119,820 kg CO2e, and Scope 3 at around 862,160 kg CO2e. The ESM has several climate commitments. It aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (2025). Furthermore, the ESM is committed to achieving a 50% reduction in its Scope 1 and Scope 2 emissions by 2030, based on a 2020 baseline. There is also a stated ambition to achieve climate neutrality by 2035. Data for 2022, 2021, 2020, and 2018 is available but less detailed for certain scopes. For 2021, the ESM reported carbon intensity per staff member as 1,100 metric tons CO2e (net). In 2020, this figure was 1,300 metric tons CO2e (net) and in 2019, it was 5,500 metric tons CO2e (gross) per staff member. For 2018, Scope 2 emissions included purchased heat (approximately 144,500 kg CO2e) and purchased electricity (about 92,700 kg CO2e). Scope 3 emissions for 2018 included business travel (approximately 1,200 kg CO2e), employee commute (about 108,400 kg CO2e), purchased goods and services (around 5,100 kg CO2e), and waste generated in operations (approximately 700 kg CO2e).