Annual Financial Report

Overview

The report states that AIB reduced its Scope 1 and 2 emissions by 19% in 2021 and committed to net zero in its own operations by 2030. It also reports an ambition for 70% of new lending to be green or transition by 2030, alongside €2bn in 2021 green lending. Sustainability governance expanded through the Group Sustainability Committee, while the report included TCFD, WEF Stakeholder Capitalism metrics and the first EU Taxonomy disclosure. AIB also describes a 2040 net-zero ambition for financed emissions, with agriculture extending to 2050.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2021
Period: 1 January 2021 – 31 December 2021
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Scope
Statement included
Metrics assured

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