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.
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.
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.
Aib's score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, AIB reported total carbon emissions of approximately 3,675,000 kg CO2e, comprising 2,875,000 kg CO2e from Scope 1 and 813,000 kg CO2e from Scope 2 (market-based). This marks a significant reduction from previous years, with a 40% decrease in absolute Scope 1 and 2 emissions achieved by 2022 from a 2019 baseline of 14,808,000 kg CO2e. AIB has committed to achieving Net Zero in its operations by 2030, with specific targets to reduce absolute Scope 1 GHG emissions by 34% by 2027. The bank's property strategy and energy efficiency investments have been pivotal in these reductions. Additionally, AIB aims for its entire lending portfolio to be net zero by 2040, excluding agriculture, which targets a net zero by 2050. The bank's emissions data is sourced from AIB Group plc, with no cascaded data from parent organizations. AIB's climate commitments align with the Science Based Targets initiative (SBTi), ensuring that their targets are consistent with the reductions required to limit global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 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 | 3,912,000 | - | - | - | 00,000 | - | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 13,082,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | - | - |
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.
Aib is participating in some of the initiatives that 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.