European Stability Mechanism

The European Stability Mechanism (ESM), headquartered in Luxembourg, reported total greenhouse gas emissions of approximately 994,800 kg CO2e for 2024. This figure comprises 23,800 kg CO2e in Scope 1 emissions, 148,500 kg CO2e in Scope 2 emissions, and 822,500 kg CO2e in Scope 3 emissions. In the preceding year, 2023, total emissions were approximately 1,077,900 kg CO2e, with Scope 1 at 30,800 kg CO2e, Scope 2 at 165,200 kg CO2e, and Scope 3 at 881,900 kg CO2e.

The ESM has established several climate commitments. It aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade, targeting 2025. Furthermore, the ESM aims for a 50% reduction in Scope 1 emissions by 2030 from a 2020 baseline, with a similar 50% reduction target for Scope 2 emissions over the same period. These reduction goals are part of broader efforts, including an aim to decrease direct emissions intensity by 17% and electricity consumption intensity by 17%, alongside improving the electricity grid factor to below 100 g CO2e/kWh, which aims to ensure a total emissions decrease of approximately 40% before 2030 from 2021 levels.

The ESM is committed to achieving climate neutrality by 2035, with specific targets for Scope 1 and Scope 2 emissions reduction of 50% by 2030 compared to 2019 levels. The organization's emissions data is not cascaded from a parent entity, indicating it reports its own performance.