As an international financial institution with a public mandate, the European Stability Mechanism (ESM) strives to implement environmental, social, and governance best practices within its internal operations.
This is the ESM’s first carbon footprint report. It provides a comprehensive account of the ESM’s carbon footprint arising from its operations at the ESM headquarters in Luxembourg City in 2018. The ESM’s carbon footprint was calculated following an extensive review of internal and external documentation and data.
The report identifies the main ESM emission sources as well as measures to enhance the ESM’s environmental performance.
The ESM’s total greenhouse gas emissions in 2018 amounted to 1,176.6 metric tonnes of CO₂e (tCO₂e) on a gross basis (1,084.1 tCO₂e on a net basis)