European Stability Mechanism
The European Stability Mechanism (ESM) is an intergovernmental institution established in 2012, headquartered in Luxembourg. It plays a crucial role in the financial stability of the Eurozone, primarily focusing on providing financial assistance to member states facing economic difficulties. The ESM's core services include offering loans, purchasing bonds, and providing precautionary financial assistance, all designed to safeguard the stability of the Euro area. Since its inception, the ESM has been instrumental in managing crises, with notable milestones including the establishment of its lending capacity and the implementation of various financial assistance programmes. As a key player in the European financial landscape, the ESM is recognised for its unique ability to respond swiftly to economic challenges, reinforcing its position as a pillar of stability within the Eurozone.
DitchCarbon Score
How does European Stability Mechanism'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 Other Services 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 Stability Mechanism's score of 35 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
European Stability Mechanism's reported carbon emissions
In 2023, the European Stability Mechanism (ESM) reported total carbon emissions of approximately 1.9 million tonnes CO2e. This figure includes 65,000 tonnes from Scope 1 emissions, 66,000 tonnes from Scope 2 emissions, and 1.7 million tonnes from Scope 3 emissions, primarily attributed to business travel (about 1.7 million tonnes). Over the years, ESM has demonstrated a commitment to reducing its carbon footprint. In 2020, emissions were significantly lower at around 809,100 tonnes CO2e, indicating a trend towards reduction. The organisation has not specified formal reduction targets but has engaged in various initiatives to enhance sustainability and reduce emissions across its operations. The ESM's emissions data reflects a broader commitment to climate action within the European financial sector, aligning with industry standards and practices aimed at mitigating climate change impacts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | - | 000,000 | 00,000 | - | - | - | 00,000 |
| Scope 3 | 7,516,000 | 000,000 | 000,000 | - | - | - | 00,000 |
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 Stability Mechanism is committed to some 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.
