Supporting the Green Transition

Supporting our customers, colleagues, shareholders and society in their transition to a resilient, net zero and nature-positive economy by 2050.

Our Climate Transition Plan

Our Climate Transition Plan (formerly our five point Climate Action Plan) outlines the key roles we are playing in facilitating Ireland’s green transition to a low-carbon economy and our own efforts in reducing our own emissions on the environment. As a signatory to the United Nations Principles for Responsible Banking (UNPRB), we are committed to aligning our strategy and practice with the Paris Climate Agreement.

To ensure our lending portfolios and practices are on a pathway that is aligned with the Paris Agreement goals, we use decarbonisation targets validated by the globally recognised Science Based Targets initiative (SBTi) to track our progress covering all of our operations and 71% of our FY2020 baseline loan book.

The SBTi validated our target of a 49% reduction in greenhouse gas emissions (GHG) from our own operations (Scope 1 and 2), which supports our broader aim of net zero emissions in our own operations by 2030. Reduction targets have also been set for emissions arising from the Bank’s lending activities (Scope 3) which are consistent with levels required to meet the goals that are aligned to the 1.5°C Paris Agreement.

As part of our compliance with SBTi, we are required to regularly and transparently report on our progress against our targets.



Relevant Sustainable Development Goals


Personal Green Hub
Personal Green Hub
Business Green Hub
Business Green Hub