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 38 is higher than 90% 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 2023, AIB Group Plc reported total carbon emissions of approximately 7,579,000 kg CO2e, comprising 2,670,000 kg CO2e from Scope 1 and 4,909,000 kg CO2e from Scope 2 emissions. The company has set near-term targets aligned with a 1.5°C pathway, aiming to cover 36% of its total investment and lending by total assets by 2026. This includes a significant focus on its loan portfolio, where 75% of lending is targeted for emissions reductions. In 2022, AIB's emissions were about 9,163,000 kg CO2e, with Scope 1 emissions at 3,200,000 kg CO2e and Scope 2 at 5,963,000 kg CO2e. The company has consistently reported emissions across all three scopes, with Scope 3 emissions in 2022 reaching approximately 22,000,000 kg CO2e, indicating a substantial impact from its investments and operations. AIB's commitment to reducing its carbon footprint is evident in its structured approach to emissions management, focusing on both operational efficiencies and the sustainability of its lending practices. The bank's targets are designed to ensure that its operations contribute to global efforts to limit temperature rise, reflecting a proactive stance in the financial sector's response to climate change.
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Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000 | 00,000 | 00,000 | 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 | 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 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.
