As of 2023, European Investment Bank has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into European Investment Bank's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | -12%a | 2025 |
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As of 2023, European Investment Bank has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.a
As of 2023, European Investment Bank has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
European Investment Bank's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 25,787 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018, by 12.4% by 2025.a
European Investment Bank has already surpassed its total carbon footprint reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a