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, the UK, and internationally. 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 market position, AIB has achieved significant milestones, including the successful launch of its mobile banking app, which enhances user experience and accessibility. The bank is recognised for its robust financial performance and dedication to sustainable banking practices, making it a trusted choice 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 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, AIB Group reported total carbon emissions of approximately 7.6 million tonnes CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 2.67 million tonnes CO2e, while Scope 2 emissions were around 4.91 million tonnes CO2e. The company also reported significant Scope 3 emissions, contributing to a total of approximately 46.96 million tonnes CO2e. AIB has set ambitious climate commitments, including near-term targets aligned with the Science Based Targets initiative (SBTi) aimed at limiting global warming to 1.5°C. These targets cover 36% of its total investment and lending portfolio, with a focus on reducing emissions from its operations (Scopes 1 and 2). AIB's efforts reflect a commitment to sustainability and responsible banking practices, as they strive to enhance their environmental performance and contribute to global climate goals.
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.