Bank Of Ireland
Bank of Ireland, one of the oldest financial institutions in Ireland, was founded in 1783 and has since established itself as a leading player in the banking sector. Headquartered in Dublin, IE, the bank operates extensively across Ireland and the UK, providing a wide range of financial services. Specialising in personal banking, business banking, and wealth management, Bank of Ireland is renowned for its innovative products, including tailored mortgage solutions and comprehensive investment services. The bank's commitment to customer service and digital banking solutions sets it apart in a competitive market. With a strong market position, Bank of Ireland has achieved numerous milestones, including significant contributions to the Irish economy and a robust presence in the financial services industry. Its dedication to sustainability and community engagement further enhances its reputation as a trusted financial partner.
DitchCarbon Score
How does 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 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
Bank Of Ireland's score of 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Of Ireland's reported carbon emissions
In 2023, Bank of Ireland reported total carbon emissions of approximately 1,098,000 kg CO2e. This figure includes Scope 1 emissions of about 614,000 kg CO2e, which arise from direct operations, and Scope 2 emissions of approximately 10,000 kg CO2e, related to purchased electricity. Additionally, the bank's Scope 3 emissions totalled around 474,000 kg CO2e, primarily from business travel and other indirect activities. Over recent years, Bank of Ireland has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were about 1,053,000 kg CO2e, indicating a reduction in emissions from 2022 to 2023. The bank has set near-term targets aligned with the 1.5°C climate goal, aiming to cover 51% of its total investment and lending activities by 2030. This includes a focus on 76% of its lending activities, reflecting a significant commitment to sustainable finance. Bank of Ireland has not yet committed to a net-zero target but continues to work towards substantial emissions reductions in its operations (Scopes 1 and 2) and its investment portfolio. The bank's efforts are crucial in the context of the financial sector's role in addressing climate change and supporting a transition to a low-carbon economy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | 00,000,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 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.
Bank Of Ireland is committed to some reduction initiatives 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.
