Walking the talk

The EIB Group has now been measuring and managing carbon emissions from its own operations at Group level for ten years. In addition to energy (natural gas for heating and power generation, purchased electricity, and steam for power) and waste emissions, we also measure and manage our mobility emissions (business travel, employee commuting with own vehicles, etc.).

We apply the internationally accepted Greenhouse Gas Protocol Standard to ensure accuracy and consistency and continually look to improve our measurement of emissions and better manage them. We compensate for any residual emissions through the purchase and immediate retirement of carbon credits that deliver additional benefits. For further details please refer to the EIB Group Carbon Footprint Report.

We will continue to enhance our environmental performance by implementing an Environmental Management System in accordance with the EU Eco-Management Audit Scheme as part of the EIB Climate Strategy implementation. This will enable us to continually improve our internal environmental performance in a robust and consistent fashion.

The per-employee carbon footprint (resulting from our own operations) in 2017 was 5.98 tCO2e, which represents a decrease of 2.8% compared to 2016 and a decrease of 49.9% compared to the 2007 baseline. The EIB Group’s total net carbon footprint was 22,024 tCO2e representing an increase of 8.8% from 2016 and an increase of 22.8% compared to 2007. This reflects a 145.3% rise in staff numbers since 2007. ☑︎

In 2017, the EIB Group began a review of the carbon credits market to ensure that residual EIB Group greenhouse gas emissions continue to be compensated/offset using the best credits available. Upon completion of the review, the EIB Group will use the selected carbon credits to compensate/offset the Group residual greenhouse gas emissions.