Aib
AIB, or Allied Irish Banks, is a prominent financial institution headquartered in Dublin, Ireland. Established in 1966, AIB has grown to become a key player in the banking sector, serving customers across Ireland and the UK. The bank offers a comprehensive range of services, including personal banking, business banking, and corporate finance, distinguished by its commitment to customer service and innovative digital solutions. With a strong focus on sustainability and community engagement, AIB has achieved significant milestones, including the launch of its green mortgage products. The bank is recognised for its robust market position, consistently ranking among the top banks in Ireland. AIB's dedication to providing tailored financial solutions makes it a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Aib'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 Real Estate Services 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
Aib's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aib's reported carbon emissions
In 2024, AIB reported total carbon emissions of approximately 2,875,000 kg CO2e for Scope 1 and 813,000 kg CO2e for Scope 2, resulting in a combined total of about 3,688,000 kg CO2e (market-based). In 2023, the emissions were approximately 2,670,000 kg CO2e for Scope 1 and 4,909,000 kg CO2e for Scope 2, leading to a total of about 7,579,000 kg CO2e (location-based). Notably, AIB achieved a 40% reduction in absolute Scope 1 and 2 emissions from a 2019 baseline of 14,808 tonnes CO2e by 2022. AIB has committed to achieving Net Zero in its operations by 2030, with specific targets to reduce absolute Scope 1 GHG emissions by 34% by 2027. Additionally, the bank aims for a 51% reduction in operational emissions by 2030 from the 2019 baseline. AIB's lending portfolio is also targeted to reach net zero by 2040, excluding agriculture, which aims for net zero by 2050. The emissions data and reduction targets are sourced from AIB Group plc, with no cascaded data from parent organizations. AIB's climate commitments align with the Science Based Targets initiative (SBTi), ensuring that their strategies are consistent with limiting global warming to 1.5°C.
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| 2009 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,514,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 21,272,000 | - | 0,000,000 | 00,000 | 00,000 | 00,000 | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 13,082,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | - | - |
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.
Aib 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.
