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.
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 commitment to reducing their carbon footprint, particularly in their operational activities. The bank has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway. Specifically, by 2030, they plan to cover 51% of their total investment and lending activities, with 76% of their loan portfolio targeted for reductions. As of 2020, these targets do not include third-party asset management activities. In previous years, emissions have shown fluctuations, with 2022 emissions recorded at approximately 14,045,000 kg CO2e, indicating a slight increase in 2023. The bank's ongoing efforts to address climate change are evident in their structured approach to emissions reporting and reduction commitments, focusing on both operational and portfolio emissions.
Unlock detailed emissions data
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.
