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 38 is higher than 93% 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 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 2030. Within its loan portfolio, AIB's targets encompass 75% of its lending by total assets as of 2021. In 2021, AIB's emissions were approximately 9,923,000 kg CO2e, with Scope 1 emissions at 3,974,000 kg CO2e and Scope 2 emissions at 5,945,000 kg CO2e. The company has consistently reported emissions across all three scopes, with significant contributions from business travel and employee commuting in Scope 3 emissions. AIB's commitment to reducing its carbon footprint is evident in its adherence to the Science Based Targets initiative (SBTi), ensuring that its operational emissions reductions are consistent with climate science. The bank has not yet committed to a net-zero target but continues to work towards substantial emissions reductions in its investment and lending practices.
Access structured emissions data, company-specific emission factors, and source documents
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 | 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 | 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 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.