Central Bank Of Ireland Sustainability Profile
The Central Bank of Ireland (CBI), headquartered in Dublin, serves as the primary financial regulator in Ireland. Established in 1942, the CBI plays a pivotal role in maintaining monetary stability and overseeing the financial system, ensuring consumer protection and fostering a secure banking environment. Operating across various regions in Ireland, the Central Bank is integral to the country's financial services industry, focusing on areas such as monetary policy, financial regulation, and economic research. Its core services include the issuance of currency, supervision of financial institutions, and the implementation of monetary policy, all of which contribute to a robust economic framework. Recognised for its commitment to transparency and innovation, the Central Bank of Ireland has achieved significant milestones, including its role in the European System of Central Banks. Its unique position within the market underscores its influence and dedication to safeguarding the financial interests of the nation.
DitchCarbon Score
How does Central 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.
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
Central Bank Of Ireland's score of 34 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Central Bank Of Ireland's reported carbon emissions
In 2023, the Central Bank of Ireland reported total carbon emissions of approximately 3,966,083 kg CO2e. This figure includes 690,033 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 3,186,691 kg CO2e from Scope 2 emissions, which encompass purchased electricity. Comparatively, in 2022, the bank's total emissions were about 4,490,161 kg CO2e, with Scope 1 emissions at 914,865 kg CO2e and Scope 2 emissions at 3,483,368 kg CO2e. This indicates a reduction in total emissions of approximately 524,078 kg CO2e from 2022 to 2023. The bank has not disclosed any Scope 3 emissions data, nor has it set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). There are no documented climate pledges or reduction initiatives currently reported. Overall, the Central Bank of Ireland's emissions data reflects a commitment to monitoring and reducing its carbon footprint, although further details on specific climate commitments or targets are not available.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Central Bank Of Ireland's Industry?
How Carbon Intensive is Central Bank Of Ireland's Location?
Central Bank Of Ireland's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Central Bank Of Ireland has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
