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 66% 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 Group Plc reported total carbon emissions of approximately 2,875,000 kg CO2e for Scope 1 and 813,000 kg CO2e for Scope 2, resulting in a combined total of about 3,688,000 kg CO2e (market-based). In 2023, the emissions were approximately 2,670,000 kg CO2e for Scope 1 and 4,909,000 kg CO2e for Scope 2, leading to a total of about 7,579,000 kg CO2e (location-based). This indicates a significant reduction in emissions from 2023 to 2024. 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 aims to reduce its operational emissions by 51% by 2030 from the same baseline. The bank's strategy includes energy efficiency investments and a focus on property management to meet these targets. AIB's long-term goals include achieving net-zero emissions across its entire lending portfolio by 2040, with a specific target for the agriculture sector set for 2050. The bank's near-term targets are aligned with the Science Based Targets initiative (SBTi), ensuring that its emissions reduction efforts are consistent with the 1.5°C climate goal. Overall, AIB's commitment to reducing its carbon footprint reflects a proactive approach to sustainability within the financial sector, with clear targets and a focus on operational efficiency.
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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.
