Bank Of Ireland
Bank of Ireland, one of the oldest financial institutions in Ireland, was founded in 1783 and has since established itself as a leading player in the banking sector. Headquartered in Dublin, IE, the bank operates extensively across Ireland and the UK, providing a wide range of financial services. Specialising in personal banking, business banking, and wealth management, Bank of Ireland is renowned for its innovative products, including tailored mortgage solutions and comprehensive investment services. The bank's commitment to customer service and digital banking solutions sets it apart in a competitive market. With a strong market position, Bank of Ireland has achieved numerous milestones, including significant contributions to the Irish economy and a robust presence in the financial services industry. Its dedication to sustainability and community engagement further enhances its reputation as a trusted financial partner.
DitchCarbon Score
How does Bank Of Ireland's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bank Of Ireland's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Of Ireland's reported carbon emissions
In 2023, Bank of Ireland reported total carbon emissions of approximately 14,739,000 kg CO2e, with Scope 1 emissions at about 3,615,000 kg CO2e, Scope 2 emissions at around 10,000 kg CO2e, and Scope 3 emissions reaching approximately 5,058,000 kg CO2e. This reflects a slight increase from 2022, where total emissions were about 14,045,000 kg CO2e. The bank has set near-term targets aligned with a 1.5°C pathway, aiming to cover 51% of its total investment and lending activities by 2030. Within its loan portfolio, the targets encompass 76% of lending activities as of 2020. These targets are designed to ensure that emissions from the bank's operations (Scopes 1 and 2) are consistent with the reductions necessary to limit global warming to 1.5°C. Bank of Ireland has not committed to a net-zero target as of now, but its initiatives reflect a commitment to significant emissions reductions in the financial sector. The bank's emissions data and climate commitments underscore its role in addressing climate change while supporting sustainable finance practices.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 | 000,000 | 00,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bank Of Ireland is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
