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 65 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Bank of Ireland reported total carbon emissions of approximately 11,000,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 10,914,000,000 kg CO2e. Scope 1 emissions were reported at approximately 3,324,000 kg CO2e, while Scope 2 emissions totalled around 230,000 kg CO2e. The bank has set ambitious climate commitments, aiming to reduce its operational emissions (Scope 1 and 2) by at least 90% by 2030, with plans to neutralise the remaining 5-10% of greenhouse gas emissions. Additionally, it targets a 56% reduction in greenhouse gas emissions per square metre in its commercial real estate portfolio by 2030, using 2020 as the baseline year. Bank of Ireland is committed to achieving net-zero operations by 2030, reflecting its dedication to sustainable practices within the financial sector. The bank's portfolio targets cover 51% of its total investment and lending activities, with a focus on aligning its operations with the 1.5°C climate goal.
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 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.