EIB Group Strengthens Sustainability Leadership with €51 Billion in Climate Financing and New Reporting Framework

EIB Group Strengthens Sustainability Leadership with €51 Billion in Climate Financing and New Reporting Framework

(IN BRIEF) The European Investment Bank (EIB) Group has launched its first fully integrated Sustainability Report for 2024, combining multiple prior disclosures into one comprehensive publication aligned with EU sustainability standards. The report highlights record climate financing of €51 billion, representing 60% of total investments, and outlines the Group’s progress in cutting greenhouse gas emissions intensity by 75% since 2018. With a continued focus on transparency, the report reaffirms the EIB Group’s goal of supporting €1 trillion in green investments by 2030 under its Climate Bank Roadmap.

(PRESS RELEASE) LUXEMBOURG, 4-Nov-2025 — /EuropaWire/ — The European Investment Bank (EIB) Group has released its 2024 Sustainability Report, marking a pivotal change in how the institution communicates its environmental and social performance. For the first time, the Group has combined multiple sustainability disclosures into one comprehensive report, streamlining information previously spread across separate documents, including those aligned with GRI, SASB, and TCFD frameworks.

This move reflects the EIB Group’s proactive commitment to the evolving European Sustainability Reporting Standards (ESRS) and Corporate Sustainability Reporting Directive (CSRD). By voluntarily integrating these standards, the Group aims to simplify access to data, improve comparability, and demonstrate accountability across its global operations. Independent auditor KPMG provided limited assurance on selected metrics within the report, ensuring transparency and accuracy in reporting.

The report showcases the Group’s achievements in driving the green transition, with €51 billion committed in 2024 to projects dedicated to climate action and environmental sustainability—a record level representing approximately 60% of total financing. The EIB Group’s investments are projected to help create 1.5 million jobs by 2028 while fostering Europe’s competitiveness, energy security, and social inclusion.

“The EIB Group continues to lead the way in transparent, reliable, and forward-looking reporting,” said Ambroise Fayolle, EIB Vice-President. “Our first integrated Sustainability Report not only aligns with EU standards but also reinforces our mission to finance a greener and fairer economy for future generations.”

At the heart of the report lies the principle of double materiality, assessing both the EIB Group’s impact on the planet and how environmental and social risks affect its operations. This holistic approach ensures that sustainability considerations are embedded into every stage of investment decision-making.

The Group’s progress in decarbonizing its portfolio is also highlighted. Since 2018, the carbon intensity of financed electricity generation projects has decreased by roughly 75%, a result of the EIB’s decision to discontinue financing for unabated fossil fuel energy projects and its continued focus on renewables and clean technology.

Aligned with its recently launched Climate Bank Roadmap (2026–2030), the EIB Group is doubling its efforts in climate adaptation finance and simplifying processes to accelerate green investments across Europe and beyond. Since 2021, the Group has mobilized €563 billion in climate-related investments—well on its path toward its €1 trillion green investment goal by 2030.

In 2024, the EIB Group, which includes the European Investment Fund (EIF), provided €89 billion in new financing across over 900 projects spanning 130 countries. Around half of its EU-based financing supported cohesion regions—areas with below-average income—reflecting the Group’s emphasis on inclusive and balanced growth.

By merging its sustainability disclosures and aligning closely with the EU’s new reporting standards, the EIB Group is setting a benchmark for transparent financial governance. The report underscores the institution’s dual role as a catalyst for Europe’s green transformation and a pioneer in integrated sustainability reporting.

Background information  

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. The EIB finances investments in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and the bioeconomy, social infrastructure, a stronger Europe in a more peaceful and prosperous world and Europe’s capital markets union.

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.

Approximately half of the EIB’s financing within the EU targets cohesion regions, where per-capita income is below the EU average, while almost 60% of annual EIB Group investments support climate action and environmental sustainability.

High-quality, up-to-date photos of the organisation’s headquarters for media use are available here.

Media contact:
Bruno Hoyer
b.hoyer@eib.org
+352 4379 – 83045

Press Office
press@eib.org
+352 43791

SOURCE: European Investment Bank