Bank of Ireland Group PLC
Bank of Ireland Group's GHG Emissions Data Preview
In 2023, 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 4 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 restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Bank of Ireland Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Bank of Ireland Group amounted to 3,625 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Bank of Ireland Group decreased by 1.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
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 2023, the total Scope 1 emissions of Bank of Ireland Group were 3,615 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Bank of Ireland Group's Scope 1 emissions decreased by 1.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Bank of Ireland Group's Scope 2 emissions?
In 2023, Bank of Ireland Group reported Scope 2 greenhouse gas (GHG) emissions of 10 tCOâ‚‚e using the market-based method.
Has Bank of Ireland Group reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Bank of Ireland Group's Scope 2 emissions (Market-Based) fell by 16.67% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Bank of Ireland Group use for Scope 2 reporting?
In 2023, Bank of Ireland Group reported its Scope 2 emissions using the market-based method.
Bank of Ireland Group's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Bank of Ireland Group's Value Chain Emissions
In 2023, Bank of Ireland Group reported 5,058 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Bank of Ireland Group includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
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 2023, Bank of Ireland Group reported total Scope 3 emissions of 5,058 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 87.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.91% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Bank of Ireland Group's Scope 3 emissions increased by 55.11%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Bank of Ireland Group disclose?
In 2023, Bank of Ireland Group reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Bank of Ireland Group's Scope 3 emissions?
In 2023, the largest contributors to Bank of Ireland Group's Scope 3 emissions were:
- Business Travel (Cat. 6): 4,348 tCOâ‚‚e (85.96%)
- Downstream Leased Assets (Cat. 13): 653 tCOâ‚‚e (12.91%)
- Purchased Goods and Services (Cat. 1): 34 tCOâ‚‚e (0.67%)
Bank of Ireland Group's Scope 3 Emissions by Categories
Insights into Bank of Ireland Group's Total Carbon Footprint
In 2023, Bank of Ireland Group reported a total carbon footprint of 8,683 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 24.85% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Bank of Ireland Group's total carbon footprint was Scope 3 emissions, accounting for 58.25% of the company's total carbon footprint, followed by Scope 1 emissions at 41.63%.