E
European Investment Bank
Sustainability Report and Carbon Intensity Rankings
Is European Investment Bank doing their part?
Their DitchCarbon score is 61
The European Investment Bank has a DitchCarbon Score of 61, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon emissions are produced relative to its activities. A higher score suggests that the bank is making significant efforts to reduce its carbon intensity and enhance its environmental performance.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
The European Investment Bank operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
The European Investment Bank is situated in Luxembourg, which has a very low carbon intensity rating. This favorable environmental context supports the bank’s sustainability efforts by reducing the carbon footprint associated with its location.
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on European Investment Bank
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
10.17%
...this company is doing 10.17% better in emissions than the industry average.
Founded in 1958 and headquartered in Luxembourg, the European Investment Bank (EIB) is a prominent institution in the finance sector, known as the EU’s bank. It specializes in providing finance and expertise for investment projects that align with EU policy objectives, with a focus on Europe but also supporting the EU’s external and development policies. The EIB offers a range of services including lending, guarantees, microfinance, equity investment, as well as blending and advising to facilitate investment implementation.
emission intelligence's platform recommendations for European Investment Bank
The European Investment Bank should set clear, science-driven targets for reducing Scope 3 emissions, maintain transparency in reporting their progress, and promote sustainable practices throughout their supply chain to potentially reduce emissions by 35%.
Bad news, European Investment Bank hasn't committed to SBTi yet
The European Investment Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is currently not aligned with a clear set of goals to reduce greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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