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Public Profile
Real Estate Services
IE
updated a month ago

Aib Sustainability Profile

Company website

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.

44

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.

29

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.

64%

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Aib's reported carbon emissions

In 2024, AIB Group Plc reported total carbon emissions of approximately 3,675,000 kg CO2e from Scope 1 and 2 sources combined. This includes about 2,875,000 kg CO2e from Scope 1 emissions and approximately 813,000 kg CO2e from market-based Scope 2 emissions. In 2023, the total emissions were about 7,579,000 kg CO2e, with Scope 1 emissions at approximately 2,670,000 kg CO2e and Scope 2 emissions at around 4,909,000 kg CO2e. AIB has set ambitious climate commitments, aiming for net-zero operations by 2030. By 2022, the bank achieved a 40% reduction in absolute Scope 1 and 2 GHG emissions from a 2019 baseline of 14,808 tonnes CO2e. Furthermore, AIB aims to reduce absolute Scope 1 GHG emissions by 34% by 2027. The bank's entire lending portfolio is targeted to reach net-zero by 2040, with a specific focus on achieving this for the agriculture sector by 2050. AIB's targets are aligned with the Science Based Targets initiative (SBTi), which confirms that their emissions reduction goals are consistent with limiting global warming to 1.5°C. The emissions data and commitments reflect AIB's proactive approach to sustainability and climate action within the financial sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

200920112015201620172018201920202021202220232024
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Aib's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Aib's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Aib is in IE, which has a very low grid carbon intensity relative to other regions.

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

2022
Investments
99%
Employee Commuting
<1%
Fuel and Energy Related Activities
<1%
Purchased Goods and Services
<1%
Business Travel
<1%
Capital Goods
<1%
Waste Generated in Operations
<1%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Aib's Emissions with Industry Peers

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•
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JPMorgan Chase & Co

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•
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Updated 2 days ago

Swedbank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Frequently Asked Questions

Common questions about Aib's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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