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The European Institute of Innovation & Technology (EIT), headquartered in Hungary (HU), is a pivotal player in the realm of innovation and entrepreneurship across Europe. Established in 2008, EIT has significantly contributed to enhancing Europe's capacity for innovation through its various Knowledge and Innovation Communities (KICs), which focus on areas such as climate, digitalisation, and health.
Operating primarily within the "Other services (93)" industry, EIT's core offerings include fostering collaboration between businesses, education, and research institutions to drive sustainable growth. Its unique approach to integrating education and innovation has positioned EIT as a leader in promoting entrepreneurial ecosystems. With notable achievements in enhancing innovation capacity across member states, EIT continues to play a crucial role in shaping Europe's future through strategic partnerships and impactful initiatives.
+2 vs industry average
The European Institute of Innovation & Technology’s score of 26 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Services has below-average carbon intensity
The Other Services industry has reduced its overall emissions by 37% since 2018
No reported emissions data is available for The European Institute of Innovation & Technology yet.
The European Institute of Innovation & Technology (EIT), headquartered in Hungary, has established climate commitments, despite a lack of recent public emissions data. The organisation aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade, specifically targeting 2025. Additionally, the EIT has longer-term net-zero aspirations, including for Scope 1 and Scope 3 upstream emissions, extending to 2050. There is also mention of research into genetically modifying algae to absorb CO2, which could aid in biofuel production and wastewater treatment.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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