Bank of Ireland Group PLC
Bank of Ireland Group's GHG Emissions Data Preview
In 2024, Bank of Ireland 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).
Bank of Ireland Group has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
a
a
a
aVerified Sources Behind Bank of Ireland 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 Bank of Ireland Group’s data sources below and access millions more through our Disclosure Search.
Insights into Bank of Ireland Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Bank of Ireland Group amounted to 9,439 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 Bank of Ireland Group decreased by 2.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Bank of Ireland Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Bank of Ireland Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Bank of Ireland Group were 3,537 metric tons of CO₂ equivalent (tCO₂e).a
Has Bank of Ireland Group reduced its Scope 1 emissions over time?
Since 2022, Bank of Ireland Group's Scope 1 emissions have decreased by 3.94%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Bank of Ireland Group's Scope 1 emissions decreased by 2.16%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Bank of Ireland Group's Scope 2 emissions?
In 2024, Bank of Ireland Group reported Scope 2 greenhouse gas (GHG) emissions of 13 tCO₂e using the market-based method and 5,902 tCO₂e using the location-based method.a
Has Bank of Ireland Group reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Bank of Ireland Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Bank of Ireland Group's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Bank of Ireland Group use for Scope 2 reporting?
In 2024, Bank of Ireland Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
Bank of Ireland Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Bank of Ireland Group's Value Chain Emissions
In 2024, Bank of Ireland Group reported 12,502,613 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 Bank of Ireland Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Bank of Ireland Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Bank of Ireland Group's Scope 3 emissions?
In 2024, Bank of Ireland Group reported total Scope 3 emissions of 12,502,613 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.96% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Bank of Ireland Group reduced its Scope 3 emissions over time?
Since 2022, Bank of Ireland Group's Scope 3 emissions have increased by 383,298.13%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Bank of Ireland Group's Scope 3 emissions increased by 247,084.91%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Bank of Ireland Group disclose?
In 2024, Bank of Ireland Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Bank of Ireland Group's Scope 3 emissions?
In 2024, the largest contributors to Bank of Ireland Group's Scope 3 emissions were:a
- Investments (Cat. 15): 12,497,060 tCO₂e (99.96%)
- Business Travel (Cat. 6): 4,469 tCO₂e (0.04%)
- Downstream Leased Assets (Cat. 13): 1,048 tCO₂e (0.01%)
Bank of Ireland Group's Scope 3 Emissions by Categories
Insights into Bank of Ireland Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Bank of Ireland Group reported Scope 1 greenhouse gas (GHG) emissions of 3,537 tCO₂e and total revenues of USD 4,643 millions. This translates into an emissions intensity of 0.76 tCO₂e per millions USD.a
Bank of Ireland Group's Scope 1 Emissions Intensity Compared to Peers
How does Bank of Ireland Group's GHG emissions intensity compare to its peers?
In 2024, Bank of Ireland Group reported a Scope 1 emissions intensity of 0.76 tCO₂e per millions USD. Compared to the peer group median of 0.87, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Bank of Ireland Group rank on GHG emissions intensity within its industry?
In 2024, Bank of Ireland Group ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Bank of Ireland Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Bank of Ireland Group's Total Carbon Footprint
In 2024, Bank of Ireland Group reported a total carbon footprint of 12,512,052 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 84,790.78% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Bank of Ireland Group's total carbon footprint was Scope 3 emissions, accounting for 99.92% of the company's total carbon footprint, followed by Scope 2 emissions at 0.05%.a