AIB Group PLC

Common Name
AIB Group
Country
Ireland
Sector
Financial Services
Industry
Banks - Regional
Employees
10,469
Ticker
A5G
Exchange
IRISH STOCK EXCHANGE
Website
aib.ie
Description
AIB Group plc is a prominent financial services organization based in Ireland. Primarily functioning as a commercial bank, it offers a wide range of services including retail and corporate banking, in...

AIB Group's Climate Target Data Preview

As of 2024, AIB Group has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into AIB Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into AIB Group's Greenhouse Gas Emissions Pathways

As of 2024, AIB Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does AIB Group have a target to reduce the emissions from its operations?

As of 2024, AIB Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

AIB Group's most ambitious operational target is to reduce these emissions by 33.6% by 2027, compared to a baseline of 4,784 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

AIB Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2027 value, achieving its climate goal ahead of schedule.

AIB Group's Operational (Scope 1+2) Emissions Pathway

20192024202701.5 k3 k4.5 k6 kBaselineCurrent (-40%)

Does AIB Group have a target to reduce the emissions from its value chain?

As of 2024, AIB Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

AIB Group's most ambitious value chain target is to reduce these emissions by 67% by 2030, compared to a baseline of 0.116 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2021.

As of 2024, AIB Group is lagging behind on its value chain emissions reduction target, having achieved 11.94% of the planned reduction.

AIB Group's Value Chain (Scope 3) Emissions Pathway

20212024203000.030.060.090.12Current (-8%)Target 2030 (-67%)
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