Central Bank Of Ireland
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 31 is higher than 57% 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 Central Bank of Ireland has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Additionally, there is no data on Scope 3 emissions, which typically include indirect emissions from the bank's value chain. Overall, the Central Bank of Ireland's emissions data reflects a commitment to monitoring and potentially reducing its carbon footprint, although specific reduction strategies or targets have not been articulated.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,065,476 | 000,000 | 000,000 |
| Scope 2 | 2,911,554 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Central Bank Of Ireland 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.
