AIB Group PLC 2016 AR2
The report highlights Allied Irish Banks' (AIB) financial recovery and strategic progress during the fiscal year 2016, proposing its first ordinary dividend since 2008. The company achieved a profit before tax of approximately €1.7 billion and reduced its legacy impaired loans by €4 billion. On the sustainability front, AIB established its first Sustainable Business Advisory Committee and Office of Sustainable Business, conducting a comprehensive materiality assessment that identified 32 key ESG issues. Additionally, the bank achieved an A- rating from the CDP for its carbon reduction efforts and committed to purchasing 100% renewable electricity in both Ireland and the UK.
Company: AIB Group PLC
Sector: Finance & insurance
Country: Ireland
Year: 2016
Type: AR2
Pages: 444
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AIB Group PLC
Annual Financial Report
The report highlights Allied Irish Banks' (AIB) financial recovery and strategic progress during the fiscal year 2016, proposing its first ordinary dividend since 2008. The company achieved a profit before tax of approximately €1.7 billion and reduced its legacy impaired loans by €4 billion. On the sustainability front, AIB established its first Sustainable Business Advisory Committee and Office of Sustainable Business, conducting a comprehensive materiality assessment that identified 32 key ESG issues. Additionally, the bank achieved an A- rating from the CDP for its carbon reduction efforts and committed to purchasing 100% renewable electricity in both Ireland and the UK.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees