Bank of Ireland, one of the oldest financial institutions in Ireland, was founded in 1783 and has since established itself as a leading player in the banking sector. Headquartered in Dublin, IE, the bank operates extensively across Ireland and the UK, providing a wide range of financial services. Specialising in personal banking, business banking, and wealth management, Bank of Ireland is renowned for its innovative products, including tailored mortgage solutions and comprehensive investment services. The bank's commitment to customer service and digital banking solutions sets it apart in a competitive market. With a strong market position, Bank of Ireland has achieved numerous milestones, including significant contributions to the Irish economy and a robust presence in the financial services industry. Its dedication to sustainability and community engagement further enhances its reputation as a trusted financial partner.
How does Bank Of Ireland'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 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.
Bank Of Ireland's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bank of Ireland reported total carbon emissions of approximately 14,739,000 kg CO2e. This includes Scope 1 emissions of about 3,615,000 kg CO2e, Scope 2 emissions of approximately 6,066,000 kg CO2e (location-based), and Scope 3 emissions of around 5,058,000 kg CO2e. The bank has set near-term targets aligned with a 1.5°C pathway, aiming to cover 50% of its total investment and lending activities by 2030. As of 2020, these targets encompassed 71% of its lending activities. In 2022, the bank's total emissions were about 14,045,000 kg CO2e, showing a slight increase from 2021's 12,614,000 kg CO2e. The emissions data indicates a focus on reducing operational impacts, with specific targets for Scope 1 and 2 emissions consistent with climate science recommendations. Bank of Ireland has not committed to a net-zero target but continues to work towards significant reductions in its carbon footprint through its investment and lending practices. The bank's emissions reporting reflects a commitment to transparency and accountability in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | - | 00,000,000 | 000,000 | 00,000 | 00,000 | 00,000 | 000,000 |
Scope 3 | - | - | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
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.
Bank Of Ireland 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.