Bank of Ireland Group PLC
Bank of Ireland Group's Climate Target Data Preview
As of 2024, Bank of Ireland Group has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 3 intensity-based 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 Bank of Ireland Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | 0000000 | 2030 |
Verified Sources Behind Bank of Ireland Group’s Climate Targets Data
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Insights into Bank of Ireland Group's Greenhouse Gas Emissions Pathways
As of 2024, Bank of Ireland 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.a
Does Bank of Ireland Group have a target to reduce the emissions from its operations?
As of 2024, Bank of Ireland Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Bank of Ireland Group's most ambitious operational target is to reduce these emissions by 49% by 2030, compared to a baseline of 6,238 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
As of 2024, Bank of Ireland Group is ahead of schedule on its operational emissions reduction target, having achieved 95.33% of the planned reduction.a
Bank of Ireland Group's Operational (Scope 1+2) Emissions Pathway
Does Bank of Ireland Group have a target to reduce the emissions from its value chain?
As of 2024, Bank of Ireland 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.a
Bank of Ireland Group's most ambitious value chain target is to reduce these emissions by 76% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020.a
As of 2024, Bank of Ireland Group is ahead of schedule on its value chain emissions reduction target, having achieved 41.59% of the planned reduction.a