Sustainability at AIB

Our Commitment to Sustainability


Over the last number of years we have been working to build a more sustainable business.
 

We’ve invested in wind energy projects, launched a €5 billion climate action fund and created a green mortgage.
 

And yet, it’s still not enough.
 

And we will keep telling ourselves that every day.
 

AIB alone is not the solution to climate change, but we are doing everything we can to be a part of it.

 

We pledge to DO MORE

Our Sustainability journey so far

Climate Finance Week

Proud Sponsors of Climate Finance Week 2019

At AIB we believe it is important to support Ireland in their transition to a low-carbon economy.  With this in mind we need to consider the impact of climate change in our decision making.  This is why we decided to sponsor Climate Finance Week Ireland 2019.

Climate Finance Week will comprise of over 20 events in Dublin exploring themes such as preparedness, risk and opportunity, technology, policy and disclosure.

For more information on Climate Finance Week, click here.

Green Mortgage

Green Mortgage

If you are buying or building a high energy rated home, we are offering a new, lower rate of interest with our new Green 5 Year Fixed Rate mortgage.  

Click here to find out more

Socially Responsible Investment Portfolio

Green Bond Framework

In September 2019, we launched a Green Bond Framework to support lending to projects in energy-efficient building, renewable energy, CO2 reduction and other climate related initiatives. €5 billion will be made available for climate related and green products over the next five years.  

Click here to find out more about the framework

Accreditations CDP & ISO5000

Accreditations CDP & ISO 50001

AIB was one of only two Irish organisations to achieve a CDP Climate Change A rating in 2018. To achieve this we’ve reduced our carbon footprint in our business and continue to do so.

Click here to find out more

Low Carbon Pledge

Low Carbon Pledge

We have signed up to the Low Carbon Pledge in a commitment to reduce Scope 1 & 2 greenhouse gas emissions by 50% by 2030.

Finance UNEP Initiative

UNEP FI

We are a Founding Signatory of the UNEP FI (United Nations Environment Programme – Finance Initiative) Principles for Responsible Banking, committing to strategically align our business with the Sustainable Development Goals and the Paris Agreement on Climate Change, joining a coalition of 130 banks worldwide, representing over USD 47 trillion in assets, in committing to taking on a crucial role in helping to achieve a sustainable future.

View video here

Click here to find out more about UNEP FI

TCFD

TCFD

AIB have become a supporter of Force on Climate-related Financial Disclosers (TCFD).  The TCFD recommends voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers and other stakeholders.

If you’re interested in finding out more about TCFD click here 

summary-detailed-report-2018

Sustainability Reports

We have published annual Sustainability Reports to Global Reporting Initiative (GRI) standards outlining the progress the bank has made since 2016. If you would like to read more about our sustainability journey to date please see our Sustainability Reports below.

Regulatory Information

Lending criteria, terms and conditions apply.  Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required. Allied Irish Banks, p.l.c. is an authorised agent and servicer of AIB Mortgage Bank in relation to the origination and servicing of mortgage loans and mortgages. Allied Irish Banks, p.l.c. and AIB Mortgage Bank are regulated by the Central Bank of Ireland.