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.
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.
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.
Aib's score of 43 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 bank has set near-term targets aligned with a 1.5°C pathway, aiming to cover 36% of its total investment and lending portfolio by total assets as of 2021. Within its loan portfolio, AIB's targets encompass 75% of its lending by total assets. Historically, AIB's emissions have varied, with a total of about 23,527,000 kg CO2e reported globally in 2020, which included 4,213,000 kg CO2e from Scope 1 and 7,575,000 kg CO2e from Scope 2 emissions. The bank has not committed to a net-zero target as of now. AIB's emissions reduction initiatives focus on operational scopes (1 and 2) and are designed to meet the necessary reductions to limit global warming to 1.5°C. The bank's commitment to sustainability reflects its role in the financial sector, where it aims to integrate climate considerations into its investment and lending practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2009 | 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 | - |
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.