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 44 is higher than 64% 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, AIB's emissions in Ireland were approximately 2,440,000 kg CO2e (Scope 1) and 262,000 kg CO2e (Scope 2), leading to a total of about 2,702,000 kg CO2e (market-based). The bank has made significant strides in reducing its greenhouse gas emissions, achieving 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 and 2 emissions by 34% by 2027 and operational emissions by 51% by 2030, both from a 2019 baseline. Additionally, AIB aims for its entire lending portfolio to be net zero by 2040, excluding agriculture, which targets net zero by 2050. These commitments align with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. The emissions data is sourced from AIB Group plc, with no cascaded data from parent organizations. AIB's proactive approach to sustainability reflects its commitment to reducing its carbon footprint and contributing to global climate goals.
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| 2009 | 2011 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,514,000 | 00,000,000 | - | 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 | 00,000,000 | - | 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.
Top Scope 3 Categories
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