European Commission
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced GHG emissions by 2.4% in 2022 compared to 2021 (excluding land use, land-use change, and forestry, and international aviation).
- Record high of around 60 GW of wind and solar installed in the EU in 2022.
- Heat pump market broke a new record, with around 3 million units (+37%) sold in 2022.
- Share of electric cars sold in Europe reached 21.6% in 2022.
Social Achievements
- Establishment of the Social Climate Fund to address the impacts of carbon pricing on vulnerable households, micro-enterprises and transport users.
- Just Transition Fund supporting territories most affected by the transition.
Governance Achievements
- Implementation of the Fit for 55 legislative package.
- Climate consistency check implemented in impact assessments.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve climate neutrality by 2050.
Short-term Goals:
- Reduce GHG emissions by at least 55% compared to 1990 levels by 2030.
Environmental Challenges
- Pace of emission reduction needs to almost triple the average annual reduction achieved over the last decade.
- Sluggish decarbonisation in buildings and transport sectors.
- Decline in carbon sinks in the LULUCF sector.
- Lack of substantial progress in reducing agricultural emissions in recent years.
- Energy crisis exacerbated by Russia's invasion of Ukraine.
- Increased use of coal and lignite for power generation.
- Gaps in Member States' GHG emission projections compared to EU legislated objectives.
Mitigation Strategies
- Fit for 55 legislative package adoption and implementation.
- Increased momentum for renewable energy.
- Measures to reduce energy demand.
- Updating of integrated National Energy and Climate Plans (NECPs) by Member States.
- Social Climate Fund and Just Transition Fund.
- Improved monitoring and assessment of policies and measures.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Heatwaves
- Droughts
- Floods
- Wildfires
Transition Risks
- Energy price volatility
- Regulatory changes
Opportunities
- Renewable energy deployment
- Energy efficiency improvements
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 7 (Affordable and clean energy)
- SDG 13 (Climate action)
Initiatives contribute to reducing GHG emissions and promoting renewable energy.
Sustainable Products & Innovation
- Renewable energy technologies
- Heat pumps
- Electric vehicles
Awards & Recognition
- Not disclosed