European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD), headquartered in London, GB, plays a pivotal role in fostering economic development across Europe, Central Asia, and the Southern and Eastern Mediterranean. Established in 1991, the EBRD was created to support the transition of former communist countries to market economies, and it has since evolved to address contemporary challenges such as climate change and sustainable development. Operating within the financial services industry, the EBRD focuses on investment, policy advice, and technical assistance, primarily in the private sector. Its unique approach combines financial support with a commitment to promoting sustainable practices, making it a leader in the development banking sector. With over €150 billion invested in various projects, the EBRD has established a strong market position, recognised for its contributions to economic resilience and growth in emerging markets.
DitchCarbon Score
How does European Bank For Reconstruction And Development'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 Financial Intermediation 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 Bank For Reconstruction And Development's score of 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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European Bank For Reconstruction And Development's reported carbon emissions
In 2024, the European Bank for Reconstruction and Development (EBRD) reported total carbon emissions of approximately 37,684,000 kg CO2e. This figure includes 314,000 kg CO2e from Scope 1 emissions, 1,003,000 kg CO2e from market-based Scope 2 emissions, and a significant 36,367,000 kg CO2e from Scope 3 emissions. In comparison, the total emissions for 2023 were about 38,517,000 kg CO2e, with Scope 1 emissions at 262,000 kg CO2e, market-based Scope 2 emissions at 2,252,000 kg CO2e, and Scope 3 emissions at 36,003,000 kg CO2e. The EBRD has demonstrated a commitment to reducing its carbon footprint, aiming for a 20% reduction in Scope 1 and Scope 2 emissions by the end of 2027, aligning with its net-zero ambitions. This target was established in 2023 and reflects the bank's proactive approach to climate action. The emissions data is not cascaded from any parent organization, indicating that the EBRD independently reports its carbon emissions and climate commitments. The bank's focus on transparency and accountability in its sustainability practices underscores its role in promoting environmental responsibility within the financial sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,694,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,479,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,610,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 Bank For Reconstruction And Development is not participating in any of the initiatives that 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.
