European Stability Mechanism

European Stability Mechanism's reported carbon emissions

In 2024, the European Stability Mechanism (ESM) reported total carbon emissions of approximately 994,800 kg CO2e. This figure includes 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. The previous year, 2023, saw total emissions of about 1,077,900 kg CO2e, with Scope 1 at approximately 30,800 kg CO2e, Scope 2 at about 165,200 kg CO2e, and Scope 3 at around 881,900 kg CO2e. The ESM has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This target is part of a broader strategy to achieve significant reductions in emissions intensity, including a 50% reduction in both Scope 1 and Scope 2 emissions by 2030 from a 2020 baseline. Additionally, the ESM is committed to achieving net-zero emissions by 2040. The ESM's emissions data is not cascaded from any parent organization, ensuring that their reported figures reflect their direct operations. The organisation's commitment to sustainability aligns with industry standards and reflects a proactive approach to addressing climate change.