AIB Group PLC

Common Name
AIB Group
Country
Ireland
Sector
Financial Services
Industry
Banks - Regional
Employees
10,375
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 GHG Emissions Data Preview

In 2024, AIB Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

AIB Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind AIB Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore AIB Group’s data sources below and access millions more through our Disclosure Search.

a. AIB Group's Annual Report 2024
a. AIB Group's Annual Report 2024
b. AIB Group's Sustainability Report 2023
b. AIB Group's Sustainability Report 2023
c. AIB Group's Sustainability Report 2022
c. AIB Group's Sustainability Report 2022

Insights into AIB Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of AIB Group amounted to 7,266 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of AIB Group decreased by 7.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

AIB Group's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-12%-6%-20%-10%0%
  • Total Scope 1
  • Year-over-Year Change

What are AIB Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of AIB Group were 2,875 metric tons of CO₂ equivalent (tCO₂e). a

Has AIB Group reduced its Scope 1 emissions over time?

Since 2019, AIB Group's Scope 1 emissions have decreased by 39.9%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), AIB Group's Scope 1 emissions remained relatively stable, indicating that AIB Group's emissions have plateaued with no significant change in its operational footprint. a

What are AIB Group's Scope 2 emissions?

In 2024, AIB Group reported Scope 2 greenhouse gas (GHG) emissions of 813 tCO₂e using the market-based method and 4,391 tCO₂e using the location-based method. a

Has AIB Group reduced its Scope 2 emissions over time?

Since 2019, AIB Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 56.2%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), AIB Group's Scope 2 emissions (Location-Based) fell by 11.26% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does AIB Group use for Scope 2 reporting?

In 2024, AIB Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

AIB Group's Scope 2 Emissions Over Time

20192020202120222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into AIB Group's Value Chain Emissions

In 2024, AIB Group reported 1,067,519 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of AIB Group includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

AIB Group's Scope 3 Emissions Over Time

2019202020212022202320240650 k1.3 M1.95 M2.6 MtCO2e-19%+21874%-14%-63%+31%
  • Total Scope 3
  • Year-over-Year Change

What are AIB Group's Scope 3 emissions?

In 2024, AIB Group reported total Scope 3 emissions of 1,067,519 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has AIB Group reduced its Scope 3 emissions over time?

Since 2019, AIB Group's Scope 3 emissions have increased by 7,282.57%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), AIB Group's Scope 3 emissions increased by 31.22%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does AIB Group disclose?

In 2024, AIB Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of AIB Group's Scope 3 emissions?

In 2024, the largest contributors to AIB Group's Scope 3 emissions were: a

  • Investments (Cat. 15): 1,067,519 tCO₂e (100%)

AIB Group's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into AIB Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, AIB Group reported Scope 1 greenhouse gas (GHG) emissions of 2,875 tCO₂e and total revenues of USD 5,115 millions. This translates into an emissions intensity of 0.56 tCO₂e per millions USD. a

AIB Group's Scope 1 Emissions Intensity Compared to Peers

101001,0005,00050,000Scope 1 Emissions (tCO2e)5001,0005,00020,00050,000Revenues (Millions of USD)MHITMMMega Financial HoldingYear: 2024Scope 1: 2,639 tCO2eRevenue: $M 2,503Scope 1 Intensity: 1.05 tCO2e/$MHHHua Nan Financial HoldingsYear: 2024Scope 1: 2,552 tCO2eRevenue: $M 2,009Scope 1 Intensity: 1.27 tCO2e/$MBNIYear: 2023Scope 1: 18,600 tCO2eRevenue: $M 3,992Scope 1 Intensity: 4.66 tCO2e/$MComericaYear: 2024Scope 1: 5,391 tCO2eRevenue: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MKrung Thai BankYear: 2024Scope 1: 25,701 tCO2eRevenue: $M 4,610Scope 1 Intensity: 5.58 tCO2e/$MGrupo Financiero GaliciaYear: 2024Scope 1: 2,940 tCO2eRevenue: $M 7,366Scope 1 Intensity: 0.40 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MIIIndustrial Bank of KoreaYear: 2023Scope 1: 6,242 tCO2eRevenue: $M 7,767Scope 1 Intensity: 0.80 tCO2e/$MUnicaja BancoYear: 2024Scope 1: 1,595 tCO2eRevenue: $M 2,215Scope 1 Intensity: 0.72 tCO2e/$MBanca MediolanumYear: 2024Scope 1: 2,412 tCO2eRevenue: $M 2,518Scope 1 Intensity: 0.96 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.05 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MBank of Ireland GroupYear: 2024Scope 1: 3,537 tCO2eRevenue: $M 4,643Scope 1 Intensity: 0.76 tCO2e/$MShinhan Financial GroupYear: 2024Scope 1: 13,575 tCO2eRevenue: $M 11,972Scope 1 Intensity: 1.13 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MSPD BankYear: 2023Scope 1: 900 tCO2eRevenue: $M 24,390Scope 1 Intensity: 0.04 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$M

How does AIB Group's GHG emissions intensity compare to its peers?

In 2024, AIB Group reported a Scope 1 emissions intensity of 0.56 tCO₂e per millions USD. Compared to the peer group median of 0.82 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does AIB Group rank on GHG emissions intensity within its industry?

In 2024, AIB Group ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

AIB Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into AIB Group's Total Carbon Footprint

In 2024, AIB Group reported a total carbon footprint of 1,074,785 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to AIB Group's total carbon footprint was Scope 3 emissions, accounting for 99.32% of the company's total carbon footprint, followed by Scope 2 emissions at 0.41%. a

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