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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.
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.

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.

There’s always room for improvement,

DitchCarbon recommends...

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%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.