Allied Irish Banks, p.l.c.
Allied Irish Banks, p.l.c. (commonly known as AIB) is a leading financial institution headquartered in Dublin, Ireland (IE). Established in 1966, AIB has grown to become a prominent player in the banking sector, primarily serving customers across Ireland and the UK. The bank offers a comprehensive range of services, including personal and business banking, mortgages, and investment solutions, distinguished by its commitment to customer service and innovative digital banking solutions. With a strong market position, AIB has achieved significant milestones, including its successful transition to a publicly listed company. 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. AIB continues to adapt to the evolving financial landscape, ensuring it meets the diverse needs of its clientele.
DitchCarbon Score
How does Allied Irish Banks, p.l.c.'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 Financial Intermediation 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
Allied Irish Banks, p.l.c.'s score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Allied Irish Banks, p.l.c.'s reported carbon emissions
In 2018, Allied Irish Banks, p.l.c. reported significant carbon emissions, with Scope 1 emissions totalling approximately 4,821,000 kg CO2e and Scope 2 emissions amounting to about 13,257,000 kg CO2e in Ireland. The bank's global emissions for the same year included Scope 3 emissions, with notable contributions from employee commuting (approximately 4,749,000 kg CO2e) and business travel (around 3,493,000 kg CO2e). Despite these figures, Allied Irish Banks has not set specific reduction targets or initiatives as part of their climate commitments, as indicated by the absence of documented reduction targets or SBTi (Science Based Targets initiative) commitments. The emissions data is cascaded from AIB Group plc, reflecting the bank's current subsidiary status within the corporate family. Overall, while Allied Irish Banks has disclosed substantial emissions data, their climate strategy appears to lack defined reduction goals, which is critical for aligning with industry standards and addressing climate change effectively.
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| 2015 | 2016 | 2018 | |
|---|---|---|---|
| Scope 1 | - | 0,000,000 | - |
| Scope 2 | - | 000,000 | - |
| Scope 3 | - | 0,000,000 | 00,000,000 |
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.
Allied Irish Banks, p.l.c. is not participating in any 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.
