Sustainability at AIB
At AIB, we aim to ensure a greener tomorrow by backing those building it today.
Find out more about our sustainability strategy and progress, below.
Sustainable development is necessary to secure a future that meets our current needs as well as the needs of future generations. This is why sustainability is a key pillar of AIB UK’s business strategy – we are keenly aware of our role to engage and support our customers and other stakeholders to achieve a more sustainable tomorrow.
Global climate extremes are now occurring at a rate unlike any we have encountered in our lifetime, so we continue to embed sustainability across the organisation to advance our internal transformation while supporting the transition to a low carbon economy for our customers.
We pledge to DO MORE to be a responsible and sustainable business in the communities and businesses we support across Northern Ireland and Great Britain.
Hilary Gormley, Managing Director of AIB UK
Sustainable Communities Strategy & Progress
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Climate & Environment
We’re reducing our own carbon footprint and committing to being Net Zero by 2030. We’re supporting our customers and communities in their transition to a low-carbon economy with an ambition that green and transition products will account for 70% of all new lending by 2030.
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Economic & Social Inclusion
We aspire to contribute and advocate for a fairer society that is socially and economically inclusive. We do this by providing finance for social housing, supporting charities through our Community Fund, and by developing partnerships with organisations that support our customers’ interests and needs.
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Future Proof Business
Our future sustainability depends on our ongoing investment in our business, people and processes. We want to provide positive experiences for all our customers by creating an attractive place to work for our staff and investing in the resilience of our business. We are focused on keeping our systems resilient and our data secure.
AIB Group Sustainability Performance and ESG Ratings
S&P Global
In the 2022 Corporate Sustainability Assessment, AIB Group plc achieved a score of 69/100 (2021: 70/200) which, as at 16 Dec 2022, placed us in the 93rd percentile of banks (2021: 87th percentile). AIB Group plc is also listed as a member of the S&P Global Sustainability Yearbook 2023.
MSCI
On 11th October 2022, MSCI confirmed AIB Grop plc's AA Leader rating.*
Sustainalytics
In June 2022 AIB Group plc received an ESG Risk Rating of 11.0 and was assessed by Morningstar Sustainalytics to be Low Risk of experiencing material financial impacts from ESG factors. AIB Group plc was also ranked by Sustainalytics as 44 out of 1,001 Banks. AIB Group plc is also a Sustainalytics ESG Industry Top Rates and Regional Top Rated company for 2023.**
*The use by AIB Group plc of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of AIB Group plc by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademakrs or service marks of MSCI.
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AIB Group (UK) p.l.c. is covered by the Financial Services Compensation Scheme, Financial Ombudsman Service and is a Registered Firm with The Lending Standards Board.
The AIB logo, Allied Irish Bank (GB) and Allied Irish Bank (GB) Savings Direct are trade marks used under licence by AIB Group (UK) p.l.c. incorporated in Northern Ireland. Registered Office 92 Ann Street, Belfast BT1 3HH. Registered Number NI018800. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.