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Allied Irish Banks (AIB)Ireland

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AIB Headquarters in Dublin . Photo: William Murphy via Wikimedia Creative Commons (CC BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2024-08-26 15:32:11
About
Website https://aib.ie/
Headquarters
10 Molesworth Street
2 Dublin
Ireland
CEO/chair Colin Hunt
CEO
Supervisor
Central Bank of Ireland
Ownership
listed on Euronext Dublin & London Stock Exchange

AIB Group is owned by the State of Ireland which, since the start of 2022, has begun to gradually sell part of its shareholding. Up to June 2023, the State of Ireland owns 46.9% of AIB Group's ordinary shares.

Allied Irish Banks (AIB) was incorporated in Ireland in September 1966 as a result of the merger of three long established banks: the Munster and Leinster Bank (established 1885), the Provincial Bank of Ireland (established 1825) and the Royal Bank of Ireland (established 1836). AIB Group is one of Ireland's largest banks and its activities are organised mainly around two sectors: a) commercial banking: sales of standard and specialized banking products and services (leasing, life insurance, management of retirement savings, real estate lending, etc.) and b) financing, investment, and market banking. 

Sustainability
Commitments
Policies
Voluntary standards

AIB's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Sustainable Lending Framework

Bank policy
2024-01-31 00:00:00 | AIB

Human Rights Commitment

Bank policy
2023-02-28 00:00:00 | AIB

AIB Modern Slavery and Human Trafficking Statement 2022

Bank policy
2022-05-04 00:00:00 | AIB

AIB Group Environmental Policy

Bank policy
2022-04-06 00:00:00 | AIB

AIB Group Energy Policy

Bank policy
2022-04-06 00:00:00 | AIB

Socially Responsible Investment Bond Framework

Bank policy
2022-03-01 00:00:00 | AIB

Green Bond Framework

Bank policy
2021-12-01 00:00:00 | AIB

AIB Social Bond Framework

Bank policy
2021-07-07 00:00:00 | AIB

Sustainable Lending Framework

Bank policy
2021-06-01 00:00:00 | AIB

AIB Group Excluded Activities List

Bank policy
2021-01-29 00:00:00 | AIB

AIB Responsible Supplier Code

Bank policy
2020-10-01 00:00:00 | AIB

Anti-Bribery & Corruption Policy

Bank policy
2019-07-01 00:00:00 | AIB
Allied Irish Banks (AIB) has committed itself to the following voluntary standards:
Low Carbon Pledge of the BITCI Tags: climate change
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
ISO 14001Tags: transparency
ISO 50001Tags: energy
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
World Economic Forum Stakeholder Capitalism MetricsTags: transparency
News
Resources
Documents
Links

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA

CSR report 2023

Annual report
2024-06-10 00:00:00 | AIB

Annual report 2023

Annual report
2024-05-14 00:00:00 | AIB

Sustainable Lending Framework

Bank policy
2024-01-31 00:00:00 | AIB

Human Rights Commitment

Bank policy
2023-02-28 00:00:00 | AIB

AIB Annual Financial Report 2022

Annual report
2022-12-31 00:00:00 | AIB

AIB Annual Sustainability Report 2022

Annual report
2022-12-31 00:00:00 | AIB

AIB Modern Slavery and Human Trafficking Statement 2022

Bank policy
2022-05-04 00:00:00 | AIB

AIB Group Environmental Policy

Bank policy
2022-04-06 00:00:00 | AIB

AIB Group Energy Policy

Bank policy
2022-04-06 00:00:00 | AIB

Socially Responsible Investment Bond Framework

Bank policy
2022-03-01 00:00:00 | AIB

Inclusion and Diversity Code

Other document
2022-03-01 00:00:00 | AIB

AIB Annual Sustainability Report 2021

Annual report
2021-12-31 00:00:00 | AIB

AIB Annual Financial Report 2021

Annual report
2021-12-31 00:00:00 | AIB

Green Bond Framework

Bank policy
2021-12-01 00:00:00 | AIB

AIB Social Bond Framework

Bank policy
2021-07-07 00:00:00 | AIB

Sustainable Lending Framework

Bank policy
2021-06-01 00:00:00 | AIB

AIB Group Excluded Activities List

Bank policy
2021-01-29 00:00:00 | AIB

AIB Code of Conduct

Other document
2020-12-31 00:00:00 | AIB

AIB Responsible Supplier Code

Bank policy
2020-10-01 00:00:00 | AIB

Anti-Bribery & Corruption Policy

Bank policy
2019-07-01 00:00:00 | AIB
Accountability
Grievances

AIB has not established a grievance mechanism. However it is possible to raise a complaint with the Irish OECD National Contact Point (see OECD Watch Guidance for further details).

AIB is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

 

This page evaluates Allied Irish Banks (AIB)'s responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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