Aib
AIB, or Allied Irish Banks, is a prominent financial institution headquartered in Dublin, Ireland. Established in 1966, AIB has grown to become a key player in the banking sector, serving customers across Ireland and the UK. The bank offers a comprehensive range of services, including personal banking, business banking, and corporate finance, distinguished by its commitment to customer service and innovative digital solutions. With a strong focus on sustainability and community engagement, AIB has achieved significant milestones, including the launch of its green mortgage products. The bank is recognised for its robust market position, consistently ranking among the top banks in Ireland. AIB's dedication to providing tailored financial solutions makes it a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Aib'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 Real Estate Services 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
Aib's score of 41 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aib's reported carbon emissions
In 2024, AIB reported total carbon emissions of approximately 2,875,000 kg CO2e for Scope 1 and 813,000 kg CO2e for Scope 2 (market-based), resulting in a combined total of about 3,688,000 kg CO2e (market-based). In 2023, AIB's emissions were approximately 2,440,000 kg CO2e for Scope 1 and 262,000 kg CO2e for Scope 2 (market-based), leading to a total of about 2,702,000 kg CO2e (market-based). This indicates a significant reduction in emissions over the year. AIB has set ambitious climate commitments, aiming for net-zero emissions in its operations by 2030. By 2022, the bank achieved a 40% reduction in absolute Scope 1 and 2 GHG emissions from a 2019 baseline of 14,808 tonnes CO2e. Furthermore, AIB plans to reduce absolute Scope 1 GHG emissions by 34% by 2027 and operational emissions by 51% by 2030, both from a 2019 baseline. The bank's long-term strategy includes transitioning its entire lending portfolio to net-zero by 2040, with a specific target for the agriculture sector to achieve net-zero by 2050. AIB's targets align with the 1.5°C climate goal, demonstrating its commitment to sustainable practices and reducing its carbon footprint.
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| 2009 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,514,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,912,000 | - | - | - | 00,000 | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 13,082,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | - | - |
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.
Aib is participating in some of the initiatives that 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.
