Bank Of Ireland

Bank Of Ireland, headquartered in Ireland and operating in financial intermediation services, reported total emissions of approximately 12.37 billion kg CO2e in 2025. This includes around 3,000 kg CO2e from Scope 2 market-based emissions and approximately 12.36 billion kg CO2e from Scope 3 emissions, with a significant portion (around 12.36 billion kg CO2e) attributed to franchises.

In 2024, the company's total emissions were about 12.51 billion kg CO2e, comprising approximately 13,000 kg CO2e from Scope 2 market-based emissions and around 12.50 billion kg CO2e from Scope 3 emissions, primarily from franchises (approximately 12.50 billion kg CO2e).

For 2023, Bank Of Ireland reported Scope 1 emissions of approximately 3.62 million kg CO2e, Scope 2 market-based emissions of about 10,000 kg CO2e, and Scope 3 emissions of approximately 5.06 million kg CO2e. This marks a notable reduction from 2024's figures.

The company has set several climate commitments. It aims for its own operations to be net zero by 2030, which includes reducing operational emissions (Scope 1 and 2) by at least 90% and neutralising the residual 5-10% GHG emissions. Specifically, Bank Of Ireland has a near-term target to reduce its Scope 1 and 2 emissions by 49% by 2030, compared to a 2020 baseline, to align with its broader net-zero goal. Additionally, it targets a 56% reduction in its commercial real estate (CRE) portfolio GHG emissions per square metre by 2030 from a 2020 baseline, impacting Scope 3 emissions.

Bank Of Ireland Group plc has near-term Science Based Targets initiative (SBTi) targets set for 2030, classified as consistent with a 1.5°C warming trajectory for Scope 1 and 2 operational emissions. These portfolio targets cover 51% of its total investment and lending activities as of 2020.