Aib Sustainability Profile
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 49 is higher than 68% 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 3,688,000 kg CO2e, comprising 2,875,000 kg CO2e from Scope 1 and 813,000 kg CO2e from Scope 2 (market-based). In 2023, the total emissions were approximately 6,970,000 kg CO2e, with Scope 1 emissions at 2,440,000 kg CO2e and Scope 2 emissions at 262,000 kg CO2e (market-based). AIB has set ambitious climate commitments, aiming to reduce its operational emissions by 51% by 2030 from a 2019 baseline. This includes a target to reduce absolute Scope 1 GHG emissions by 34% by 2027. Additionally, AIB has pledged to achieve carbon neutrality in its operations by 2030 and aims for its entire lending portfolio to be net zero by 2040, excluding agriculture, which targets net zero by 2050. The bank's sustainability strategy includes increasing its sourcing of renewable electricity to 100% by 2030, starting from a mere 1% in 2019. AIB's commitment to these targets is validated by the Science Based Targets initiative (SBTi), ensuring alignment with global climate goals.
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Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - |
How Carbon Intensive is Aib's Industry?
How Carbon Intensive is Aib's Location?
Aib's Scope 3 Categories Breakdown
Aib's Scope 3 emissions, which decreased by 14% last year and increased significantly since 2009, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 99% of Scope 3 emissions.
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Aib'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.
Aib has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Aib's sustainability data and climate commitments
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